[CBSE] Q. 65 Solution of Accounting for Share Capital TS Grewal Class 12 (2022-23)

Are you looking for the solution to Question number 65 of the Accounting for Share Capital chapter of TS Grewal Book 2022-23 Edition CBSE Board?

Pass Journal entries in the following cases:

NK Ltd. forfeited 200 Equity Shares of ₹ 10 each, issued at a premium of ₹ 5 per share, held by Ram for non-payment of the final call of ₹ 3 per share. Of these, 100 shares were reissued to Vishu at a discount of ₹ 4 per share.

[Ans.: Capital Reserve – ₹ 300.]

Solution:-

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

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