The solution to Question number 48 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Vikram Ltd. forfeited 5,000 shares of Rahul, who had applied for 6,000 shares for non-payment of allotment money of…
The solution to Question number 47 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Light Lamps Ltd. issued 50,000 shares of ₹ 10 each as fully paid-up to the promoters for their services…
The solution to Question number 46 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sandesh Ltd. purchased a running business from Sanchar Ltd for ₹ 15,00,000 payable 10% by cheque and the balance…
The solution to Question number 45 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sandesh Ltd. took over the assets of ₹ 7,00,000 and liabilities of ₹ 2,00,000 from Sanchar Ltd. for a…
The solution to Question number 44 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Bhushan Lamps Ltd issued 30,000 Fully Paid up shares of ₹ 100 each for purchase of the following assets…
The solution to Question number 43 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Mangla Cortubi Ltd. took over a unit of Mangla Tubes Ltd. consisting of Machinery – ₹ 4,00,000, Tools and…
The solution to Question number 42 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Sona Ltd purchased machinery costing ₹ 17,00,000 from Mona Ltd. Sona Ltd. paid 20% of the amount by cheque…
The solution to Question number 41 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Rajan Ltd Purchased assets from Geeta & Co. for 5,00,000. A sum of ₹ 1,00,000 was paid by means…
The solution to Question number 40 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Goodluck Ltd purchased machinery costing ₹ 10,00,000 from Fair Deals Ltd. The company paid the price by issue of…
The solution to Question number 39 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Z Ltd. purchased furniture costing ₹ 2,20,000 from C.D Ltd. The payment was to be made by issue of…
The solution to Question number 38 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board ‘Amrit Dhara Ltd.’ issued 800 Equity Shares of ₹ 100 each at a premium of 25% as Fully Paid-up…
The solution to Question number 37 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board 2,000 Equity Shares of ₹ 10 each were issued to Moon Limited from whom assets of ₹ 25,000 were…
The solution to Question number 36 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Random Ltd. took over running business of Mature Ltd. comprising of Assets of ₹ 45,00,000 and Liabilities of ₹…
The solution to Question number 35 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Usha Ltd. was formed with a capital of ₹ 10,00,000 divided into shres of ₹ 100 each. It offered…
The solution to Question number 34 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board Avon Ltd. issued for subscription 10,000 shares of ₹ 25 each, payable ₹ 5 per share on application, ₹…
