The solution to Question number 55 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Ajanta Ltd. issued a prospectus inviting applications for issuing 5,00,000 equity shares of ₹ 10 each issued at a…
The solution to Question number 54 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Ratan Ltd forfeited 3,000 shares of ₹ 10 each (issued at ₹ 2 premium) for non-payament of first call…
The solution to Question number 53 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Chand Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 2…
The solution to Question number 52 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Alpha Ltd. issued 20,000 Equity Shares of ₹ 10 each at par payable: On Application ₹ 2 per share;…
The solution to Question number 51 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Sangita Limited invited applications for issuing 60,000 shares of ₹ 10 each at par. The amount was payable as…
The solution to Question number 50 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 49 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 48 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Santoor Ltd. purchased a running business from Sanchar Ltd for ₹ 15,00,000 payable 10% by cheque and the balance…
The solution to Question number 47 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 46 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 45 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 44 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Surya Ltd. took over assets of ₹ 40,00,000 and liabilities of ₹ 7,50,000 of Moon Ltd. Surya Ltd. paid…
The solution to Question number 43 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 42 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 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 41 of the Accounting for Share Capital chapter of TS Grewal Book 2025-26 Edition CBSE Board Goodluck Ltd purchased machinery costing ₹ 10,00,000 from Fair Deals Ltd. The company paid the price by issue of…
