[CBSE] Q. 49 Accounting for Share Capital Solution of TS Grewal Class 12 (2026-27)
The solution to Question number 49 of the Accounting for Share Capital chapter of TS Grewal Book 2026-27 Edition CBSE Board
Light Lamps Ltd. issued 50,000 shares of ₹ 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of ₹ 10 each credited as fully paid-up to the underwriters of shares for their services. Journalise these transactions.
Solution:-
