[CBSE] Q. 13 Solution of Accounting for Share Capital TS Grewal Class 12 (2024-25)

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The solution to Question number 13 of the Accounting for Share Capital chapter of TS Grewal Book 2024-25 Edition CBSE Board

Authorised Capital of ₹ 16,00,000 of Bharat Ltd. is divided into 1,60,000 Equity Shares of ₹ 10 each. Out of these shares, 80,000 Equity Shares were issued at par to public for subscription. The issue price is payable on application. All the shares were subscribed.

Pass necessary Journal entries in the books of the company.

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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