Welcome to CommerceNinja’s solutions for TS Grewal’s Class 12 Issue Of Shares for the session 2024-25.
Our expertly crafted notes break down complex Issue of shares TS Grewal solutions into clear, manageable steps, ensuring you grasp both preparation and interpretation.
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Explore our detailed explanations and annotations to master the TS Grewal Issue of shares solutions class 12 and boost your confidence in this essential area of accounting. Happy studying!
Q17. Premio Ltd. issued 50,000 Equity Shares of ₹ 100 each at a premium of ₹ 50 per share, payable as follows: ₹ 100 per share on Application; and Balance on Allotment.
The issue was subscribed and shares were issued to the applicants. Pass the necessary Journal entries.
SOLUTION:
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