[NCERT] Q 10 Accounting for Share Capital Solutions Class 12 (2022-23)
Solutions of Question number 10 Accounting for Share Capital NCERT Accountancy solutions Class 12 CBSE Board 2022-23 Session?
Bansal Heavy Machine Ltd. purchased machine worth ₹ 3,80,000 from Handa Trader. Payment was made as ₹ 50,000 cash and remaining amount by issue of equity shares of the face value of ₹ 100 each fully paid at an issue price of ₹ 110 each.
Give journal entries to record the above transaction.
[Answer: Numbers of shares issued = 3,000 shares]
Solution:-
Below are the solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
