[CBSE] Q. 26 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Share your love


Are you looking for the solution to Question number 26 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

Usha Ltd.was formed with a capital of ₹ 10,00,000 divided into of ₹100 each.It offered 90% shares to public for subscription.The amount per share was payable as 40% on application,20% on allotment and the balance on first and final call.The appllcants paid ₹3,60,000 on application and ₹1,69,000 on allotment.The call has not yet been made. Calculate:

(a) Authorised Capital,(b) Issued Capital,(c) Subscribed Capital,(d)Called -up Capital,(e) Paid -up Capital,and (f)Calls-in-Arrears.

[Ans.:(a) ₹ 10,00,000; (b) ₹ 9,00,000; (c) ₹9,00,000; (d)₹ 5,40,000; (e)₹ 5,29,000; (f) ₹ 11,000.]

Solution:-

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

Let’s Practice

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
28Question – 28
29Question – 29
30Question – 30
S.NSolutions
31Question – 31
32Question – 32
33Question – 33
34Question – 34
35Question – 35
36Question – 36
37Question – 37
38Question – 38
39Question – 39
40Question – 40
S.NSolutions
41Question – 41
42Question – 42
43Question – 43
44Question – 44
45Question – 45
46Question – 46
47Question – 47
48Question – 48
49Question – 49
50Question – 50
S.NSolutions
51Question – 51
52Question – 52
53Question – 53
54Question – 54
55Question – 55
56Question – 56
57Question – 57
58Question – 58
59Question – 59
60Question – 60
S.NSolutions
61Question – 61
62Question – 62
63Question – 63
64Question – 64
65Question – 65
66Question – 66
67Question – 67
68Question – 68
69Question – 69
70Question – 70
S.NSolutions
71Question – 71
72Question – 72
73Question – 73
74Question – 74
75Question – 75
76Question – 76
77Question – 77
78Question – 78
79Question – 79
80Question – 80
S.NSolutions
81Question – 81
82Question – 82
83Question – 83
84Question – 84
85Question – 85
86Question – 86
87Question – 87
88Question – 88
89Question – 89
90Question – 90
91Question – 91
92Question – 92
93Question – 93
94Question – 94
Share your love
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

Articles: 7382

Leave a Reply

Your email address will not be published. Required fields are marked *

x