[CBSE] Q. 30 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Are you looking for the solution to Question number 30 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

Goodluck Ltd.purchased machinery costing ₹ 10,00,000 from Fair Deals Ltd.The company paid the price by issue of Equity Shares of ₹ 10 each at a premium of 25%.

Pass necessary Journal entries for the above transactions in the books of Goodluck Ltd.(A|2011)

[Ans.: 80,000 Equity Shares to be issued.]

Solution:-

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

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