Practical Guide: Issue of Shares to Vendors | Class 12 Accounts Solved 📊 скачать в хорошем качестве

Practical Guide: Issue of Shares to Vendors | Class 12 Accounts Solved 📊

Struggling with 'Number of Shares' calculations in your board exam? 😫 In this 17-minute practical session, we solve two diverse problems on Issue of Shares to Vendors. Learn how to handle Bank Draft payments, Premium adjustments, and the precise formula to find exactly how many shares to issue to settle a vendor's account. This tutorial moves from theory to application by solving two specific cases: Case 1: Goodluck Ltd. – A "No PC Given" scenario where shares are issued at a 25% premium for a machinery purchase. We show you how to derive the purchase price and calculate the shares accordingly. Case 2: Random Limited – A "PC Given" scenario involving a business takeover (Assets & Liabilities). We tackle the complexity of paying via Bank Draft and issuing Preference Shares at a 15% premium. Master the "Amount Payable ÷ Issue Price" formula [05:25] and learn how to correctly balance the 'Security Premium' and 'Share Capital' accounts to ensure your journal entries tally every single time. 🚀 ✅ KEY LEARNINGS RECOGNIZING PC: How to identify if a question has a fixed 'Purchase Consideration' or if you need to calculate it [01:48]. NUMBER OF SHARES FORMULA: The golden rule for exams—Amount Payable divided by Issue Price [05:25]. PREMIUM CALCULATIONS: Converting percentage premiums (e.g., 25% or 15%) into absolute rupee values based on Face Value [06:15]. PARTIAL SETTLEMENT: Handling vendors when part of the payment is made via Bank or Cash [13:46]. CAPITAL RESERVE VS. GOODWILL: A quick practical recap on where to put the balancing figure in a business takeover [12:41]. SHARE CAPITAL RULES: Why you MUST always use Face Value when multiplying by the number of shares [08:14]. ⏰ CHAPTER TIMESTAMPS 00:05 — Introduction to Practical Questions 01:17 — Problem 1: Goodluck Ltd (Machinery Purchase & Equity Issue) 02:26 — Problem 2: Random Limited (Business Takeover & Preference Issue) 03:37 — Solving Problem 1: Machinery Account Dr. to Fair Deals Ltd. 05:25 — Working Note: Calculating Number of Equity Shares (The Formula) 06:15 — Handling the 25% Premium Adjustment 08:14 — Final Journal Entry for Goodluck Ltd. 09:14 — Solving Problem 2: Taking Over Assets and Liabilities 11:02 — Why PC is written as the Vendor's Balance 12:41 — Calculating the Capital Reserve (Balancing Figure) 13:37 — Payment Entry: Bank Draft vs. Preference Shares 14:57 — Working Note: Calculating Number of 12% Preference Shares 16:47 — Tallying the Final Figures & Exam Tips 📢 SUBSCRIBE TO SARTHAK CLASSES BALI 📺 Master Class 12 Accountancy with logical explanations. Don't forget to LIKE and SHARE this video with your classmates! #Class12Accounts #ShareCapital #SarthakClassesBali #VendorPractical #IssueOfShares #BoardExam2024 #AccountingProblems #NumberOfShares #PreferenceShares #JournalEntries #AccountancyRevision