[CBSE] Q. 33 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Are you looking for the solution to Question number 33 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

Sona Ltd. purchased machinery costing ₹ 17,00,000 from Mona Ltd. Sona Ltd. paid 20% of the amount by cheque and the balance amount issued Equity Shares of ₹100 each at a premium of 25%.

Pass necessary Journal entries for the above transactions in the books of Sona Ltd. Show your working notes clearly.

(A| 2013C)

[Ans.: 10,880 Equity Shares to be issued.]

Solution:-

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

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