[ISC] Q. 14 Accounting for Share Capital Solution TS Grewal Class 12 (2023-24)
Solution to Question number 14 of the Accounting for Share Capital chapter of TS Grewal Book 2023-24 Edition ISC Board?
Blue Tulip Ltd. issued 2,000 shares of ₹ 100 each credited as fully paid to the promoters for their services and issued 1,000 shares of ₹ 100 each credited as fully paid to the underwriters for their underwriting services. Journalise these transactions.
Solution:-
In the Books of Blue Tulip Ltd. (Journal)
Let’s Practice
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