Student Community

Herbal Ltd. is registered with an authorised capital of ₹ 12,50,000 divided into 1,25,000 Equity Shares of ₹ 10 each

904 viewsMarch 10, 2024[ISC] Accounting for Share Capital

Anurag Pathak28.64K March 3, 2024 0 Comments

Herbal Ltd. is registered with an authorised capital of ₹ 12,50,000 divided into 1,25,000 Equity Shares of ₹ 10 each. It has an existing issued and fully paid-up Equity Share Capital of ₹ 4,00,000. It purchased a machine for ₹ 4,00,000 and issued 40,000 fully paid Equity Shares to the vendor.

Show the share capital in the Balance sheet of Herbal Ltd.

Anurag Pathak Changed status to publish March 10, 2024

Add a Comment

1 Answer

Anurag Pathak28.64K Posted March 3, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 3, 2024

Add a Comment

You are viewing 1 out of 1 answers, click here to view all answers.

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 and can download the Android & ios app for free lectures.

Articles: 8142

Telegram Channel

Telegram Channel

1 Answer

1 Answer

Anurag Pathak

Related Questions