[NCERT] Q 9 Accounting for Share Capital Solutions Class 12 (2022-23)
Solutions of Question number 9 Accounting for Share Capital NCERT Accountancy solutions Class 12 CBSE Board 2022-23 Session?
Kumar Ltd. purchased assets of ₹ 6,30,000 from Bhanu Oil Ltd. Kumar Ltd. issued equity share of ₹ 100 each fully paid in consideration. What journal entries will be made, if the shares are issued, (a) at par, and (b) at premium of 20%.
[Answer: Numbers of shares issued (a) 6,200 (b) 5,250]
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 |
