[CBSE] Q. 64 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

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Are you looking for the solution to Question number 64 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

A share of ₹ 100 issued at a premium of ₹ 10 in which ₹ 80 (including premium) was called and ₹ 60 (including premium) was paid, has been forfeited. This share was afterwards reissued as fully paid-up for ₹ 70. Give Journal entries to record the above.

[Ans.: Capital Reserve – ₹ 20.]

Solution:-

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

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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

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