[ISC] Q. 14 Accounting for Share Capital Solution TS Grewal Class 12 (2024-25)

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Solution to Question number 14 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 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)

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Anurag Pathak

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