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DK Goel Solutions Q 14 Chapter 6 Issue of Shares Class 12 CBSE [2023-24]

Question 14 of 77Chapter 6Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 14, Chapter 6 Accounting for Companies – Issue of Share Capital, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 14

Madhur Ltd. took over the assets of ₹ 3,90,000 and Liabilities of ₹ 40,000 of Rasova Ltd. for a consideration of ₹ 4,00,000. 20% was paid by a cheque and the balance by issue of fully paid equity shares of ₹ 100 each at a premium of 60%. Show necessary journal entries for these transactions in the books of Madhur Ltd.

DK Goel Class 12 Issue of Shares Question 14

Solution

Solution of Q 14 Issue of Shares DK Goel 2023-24 part 1
Solution of Q 14 Issue of Shares DK Goel 2023-24 part 2
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About this solution

This is Chapter 6 Accounting for Companies – Issue of Shares of DK Goel For 2024 Examinations.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.

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