[CBSE] Q. 37 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Are you looking for the solution to Question number 37 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

Sandesh Ltd.Purchased a running business from Sanchar Ltd.for ₹ 15,00,000

payable 10% by cheque and the balance by the issue of fully paid Equity Shares of ₹ 100 each at a premium of 20%. The assets and liabilities consisted of the following:

particulars	Book Value( ₹)	Agreed Value (₹)
Building plant and Machinery stock Trade Receivables Trade payables	5,00,000 3,00,000 6,00,000 2,80,000 1,80,000	6,50,000 2,50,000 5,00,000 2,50,000 2,00,000

[Ans.: Goodwill- ₹ 50,000; No. of Shares to be issued-11,250.]

Solution:-

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

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