Question 01 Chapter 8 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 01 Chapter 8 of +2- Part
Q-1 - CH-8 - Usha +2 Book 2018 - Solution

Question 01 Chapter 8 of +2-Part-1

1. (Types of Capital) Alfa Ltd was incorporated with an authorized capital of Rs. 50,00,000 divided in to equity shares of Rs. 100 each. It issued Rs. 40,000 shares to the public for cash. Applications were received for Rs. 35,000 shares. The company called up Rs. 80 per share. Ashok who has allotted Rs. 1,000 shares did not pay call money @ Rs. 10 per share.
Show the amount for various categories of capital.

The solution of Question 01 Chapter 8 of +2 Part-1: –

Day 167 Solution of Questions 1 2 and 3 Share Capital Chapter 8 Accounts class 12

 
Particulars
Amount
Authorized capital    
50,000 shares of Rs. 100 each   50,00,000
Issued capital    
40,000 shares of Rs. 100 each   40,00,000
Subscribed capital    
35,000 shares of Rs. 100 each   35,00,000
Called up capital    
35,000 shares of Rs. 100 each @ Rs. 80 each   28,00,000
Paid up capital    
35,000 shares of Rs. 100 each @ Rs. 80 per share called up   28,00,000
Less : Calls in Arrears (1,000X10)   10,000
    27,90,000
Unissued capital    
50,00,000 – 40,00,000   10,00,000
Unissued capital    
40,00,000 – 35,00,000   5,00,000
Unissued capital    
35,00,000 – 28,00,000   7,00,000

End of Solution

Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 8 – Company Accounts (Share Capital) Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 05 Chapter 8 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 15 Chapter 8 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 21 Chapter 8 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 30 Chapter 8 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 40 Chapter 8 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 51 Chapter 8 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

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Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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