Issue of Shares for Consideration other than Cash
When the company allots shares against assets purchased, businesses acquired, services received or as fully paid-up to promoters. What does […]
Accounting Basics
Accounting Basics
Over subscription & Pro-rate Allotment – Complete guide
When applications received exceed shares offered — three treatments and the pro-rate mechanism. What is Over subscription? Over subscription occurs
Accounting Basics
Interest on Calls in Arrears & Calls in Advance – Complete guide
When shareholders pay less than called or pay before being called — interest treatment and entries (Table F default rates).
Accounting Basics
Journal Entries for Issue of Shares – Complete guide
Stage-by-stage entries — application, allotment, first & final call — at par and at premium, with 10 solved problems. 10
Accounting Basics
Issue at Par, Premium & Discount
Face value, Securities Premium Reserve under Sec. 52, and the legality of issuing shares at a discount under Sec. 53
Accounting Basics
What is Issue of Shares? Meaning, Types & Share Capital Explained
Foundation note of Issue of Shares — meaning, purpose, types and share-capital terminology under the Indian Companies Act, 2013. What
Forfeiture of Shares
Pro-rata Allotment Explained with Practical Problems & Step-by-Step Solutions
The most confusing area for students — cracked with a 5-step method. When the LIC IPO opened, lakhs of investors
Forfeiture of Shares
Profit on Reissue of Forfeited Shares – Calculation & Capital Reserve
The 3-step formula examiners love. Master it once and forever. A Quick Story Think of Shares Forfeited A/c as a
Forfeiture of Shares
Reissue of Forfeited Shares — At Discount, At Par and At Premium
All three reissue of Forfeited Shares cases with the Golden Rule and a comparison table. A Quick Story After forfeiture,
Forfeiture of Shares
Journal Entries for Forfeiture of Shares — With Simple Examples
Think of a journal entry as a news report of what happened to the money. On forfeiture of shares ,