Need Solutions for T S Grewal 'Company Accounts - Issue of Shares' for your Class 12 Accounts exams? We've got you covered! Below you will find clear explanations and solutions for all the T S Grewal 'Company Accounts - Issue of Shares' questions (Q Nos 51 to 60) following the latest CBSE/ICSE/State Boards curriculum (2024-2025).
These in-depth solutions are perfect for both students and teachers. Explore detailed working notes for each question to solidify your understanding of 'Company Accounts - Issue of Shares'.
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In question no. 52 price of per share of first and final call is wrong. Its 5 rs per share instead of 3 rs per share.
Thanks for bringing the oversight to the notice. The per share price for first and final call is corrected.
No it’s rightly mentioned as 5,00,000×3 rs = 1500000 and 3000 call in arrears.
Qno 52
There is no Call in Arrears a/c opened as mentioned in the question.
It would be helpful if the correction is made
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Thanks for bringing to notice. Calls in Arrears account has been added. You all good students are welcome to post your doubts for accounts and economics in comments or post on our email address. All your doubts will be clarified for free.