Class XII Boards🔥Q6 Balance Sheet & Notes to Accounts | Share Capital | Reserves & Surplus скачать в хорошем качестве

Class XII Boards🔥Q6 Balance Sheet & Notes to Accounts | Share Capital | Reserves & Surplus

Unlock the full marks in Share Capital! 🔥 In this video, we solve Question 6 of our Board Exam series, covering the "Triple Threat" of Accounting: Forfeiture, Reissue, and Calls-in-Arrears. We focus on the tricky presentation of the Forfeited Shares Account and how to accurately calculate the Capital Reserve to be shown under "Reserves & Surplus" in the Balance Sheet. 📌 What This Video Covers: • Calls-in-Arrears: How to present unpaid amounts in the Notes to Accounts. • Forfeiture Mechanism: The impact on Subscribed Capital when shares are cancelled. • Reissue of Shares: Handling the balance in the Forfeited Shares Account for shares not yet reissued. • Capital Reserve: Calculating the gain on reissue and presenting it under Reserves & Surplus. • Schedule III Disclosure: Proper formatting for CBSE & ISC Board standards. 📊 Question 6 Breakdown: • Scenario: Shares forfeited for non-payment (Arrears), but only a portion of them are reissued. • Key Challenge: Balancing the "Subscribed Capital" while keeping the remaining "Forfeited Shares" balance in view. • Target: 100% accuracy in the Extract of the Balance Sheet. 📑 Chapter Timestamps: 0:00 - Q6 Overview & Importance 03:15 - Dealing with Calls-in-Arrears in the Notes 07:40 - The Forfeiture Entry Logic 12:10 - Calculating Capital Reserve on Reissued Shares 16:45 - How to show "Forfeited Shares A/c" for non-reissued shares 21:30 - Final Balance Sheet & Reserve & Surplus Presentation 25:00 - Summary & Common Board Exam Pitfalls 🚀 Study with Vishwakul: Empowering Commerce students to ace their Boards with conceptual clarity. ✅ Subscribe for more high-impact Accountancy tutorials. 👍 Like this video if it helped you understand Forfeiture presentation! 🔔 Turn on Notifications for the next question in this series. 🚀 Vishwakul Student Resources • Download Q4 Practice Sheet: https://docs.google.com/document/d/15... • Full Class XII Share Capital Series:    • Class XII Issue of Share Capital   #class12accounts #sharecapital #cbse #isc #boardexams2026 #accountancy #forfeitureofshares #capital #reserve #commerce #vishwakul #balancesheet