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Q.18 Solution Accounting for Share Capital TS Grewal Book Class 12 CBSE

Question 18 of 110Chapter 8Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 18, Chapter 8 Accounting for Share Capital (Issue of Shares), TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.

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Question 18

Bharat Ltd. was incorporated with a capital of ₹ 20,00,000 divided into shares of ₹ 10 each. 20,000 shares were offered for subscription and out of these, 18,000 shares were applied and allotted. ₹ 3 per share (including ₹ 1 premium) was payable on application, ₹ 4 per share (including ₹ 1 premium) on allotment, ₹ 2 per share on first call and ₹ 3 per share on final call. All the money was received. Give necessary Journal entries and show Share Capital in the Balance Sheet.

TS Grewal Class 12 Issue of Shares Question 18

Solution

Solution of Q 18 Issue of Shares TS Grewal 2024-25 part 1
Solution of Q 18 Issue of Shares TS Grewal 2024-25 part 2
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Solution of Q 18 Issue of Shares TS Grewal 2024-25 part 3
Solution of Q 18 Issue of Shares TS Grewal 2024-25 part 4
Solution of Q 18 Issue of Shares TS Grewal 2024-25 part 5
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About this solution

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