[ISC] Q. 18 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Solution to Question number 18 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition ISC Board.

Blue Tulip Ltd. issued 2,000 shares of ₹ 100 each credited as fully paid to the promoters for their services and issued 1,000 shares of ₹ 100 each credited as fully paid to the underwriters for their underwriting services. Journalise these transactions.

Solution:-

In the Books of Blue Tulip Ltd. (Journal)

Issue of Share chapter Solutions of TS Grewal Class 12 Accountancy ISC 2022-23

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