Company Accounts – Issue of Shares

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Class XII Accountancy: Company Accounts – Issue of Shares

Course Overview

Master one of the most vital and high-weightage topics in Class XII Accountancy with our comprehensive online course on Company Accounts – Issue of Shares. Designed in accordance with the latest CBSE and State Board syllabi, this course breaks down complex accounting concepts into clear, step-by-step video lessons, illustrative journal entry templates, and practical numerical problems.

Whether you are preparing for board exams or building a strong foundation for professional courses like CA Foundation, CMA, or CS, this course equips you with the conceptual clarity and problem-solving speed needed to excel.

Key Learning Objectives

By the end of this course, you will be able to:

  • Understand Corporate Capital: Grasp the nature and classification of share capital (Authorized, Issued, Subscribed, Called-up, and Paid-up Capital).

  • Master Journal Entries: Accurately record transactions for the issue of shares at par and at premium for cash and for consideration other than cash.

  • Handle Complex Scenarios: Master accounting treatment for Calls-in-Arrears, Calls-in-Advance, Issue Expenses, and Interest on Calls.

  • Tackle Oversubscription & Pro-rata: Seamlessly process oversubscription, calculate allotment ratios, adjust application money, and solve pro-rata allotment problems.

  • Execute Forfeiture & Reissue: Confidently account for the forfeiture of shares (issued at par/premium) and their subsequent reissue, including the transfer to Capital Reserve.

  • Format Balance Sheet Disclosures: Prepare Notes to Accounts and present Share Capital accurately under Main and Sub-headings in the Company Balance Sheet (Schedule III).

What’s Included in This Course?

  • Video Tutorials: Step-by-step breakdown of concepts and practical problems.

  • Structured Journal Entry Guides: Quick-reference cheat sheets for all share issue scenarios.

  • Topic-Wise Practice Sets: Graded numerical problems ranging from basic to advanced board-level difficulty.

  • Interactive Quizzes & MCQs: Test your retention after every lesson with Tutor LMS quizzes.

  • Downloadable Resources: Lecture notes, formula sheets, and past board exam solutions.

Who Should Enroll?

  • Class 12 Commerce Students preparing for CBSE, ISC, or State Board exams.

  • Aspirants for Professional Exams (CA Foundation, CMA Foundation, CS Executive Entrance Test – CSEET).

  • Anyone seeking to strengthen their foundation in corporate accounting principles.

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What Will You Learn?

  • Share Capital Essentials: Classify and define types of share capital, including Authorized, Issued, Subscribed, Called-up, and Paid-up Capital.
  • Basic Accounting Entries: Pass accurate journal entries for issuing shares at par and at premium, both for cash and for consideration other than cash.
  • Special Accounting Treatments: Manage Calls-in-Arrears, Calls-in-Advance, Issue Expenses, and Interest on Calls.
  • Pro-Rata & Oversubscription: Handle oversubscription scenarios, calculate allotment ratios, adjust application money, and execute pro-rata calculations seamlessly.
  • Forfeiture & Reissue of Shares: Master the procedure and journal entries for forfeiting shares (issued at par or premium) and reissuing them, including calculating transfers to Capital Reserve.
  • Financial Statement Presentation: Prepare Notes to Accounts and present Share Capital under the appropriate headings in the Balance Sheet as per Schedule III of the Companies Act, 2013.

Course Content

Basic Theory

  • Issue of Shares at Par

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