CONCEPTS by CA Manish Mahajan
CONCEPTS by CA Manish Mahajan
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Full Question for 6 marks on Share Capital | Class 12 Share Capital | Forfeiture & Reissue of Shares
A Full Question for 6 marks on Share Capital for Class 12 Forfeiture and Reissue of Shares topic is solved in this video.
Understand the journal entries for issue, forfeiture and reissue of shares by a company.
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✅ This channel helps you understand the concepts related to :
Class 11 Accountancy; Class 11 Economics; Class 12 Accountancy; Class 12 Economics; CA and CS Foundation basics
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CA Manish Mahajan is a first class commerce graduate from Panjab University, having done his graduation in B.Com (Finance Hons.) from GGDSD College, Chandigarh. He qualified Chartered Accountancy course in 2010 and was placed in merit list (31st All India Rank in Final and 22nd All India Rank in Foundation). He possesses a vast experience of more than 18 Years in teaching Accountancy, Economics and Mathematics to the students of Classes +1 and+2 and also mentored the students of B.Com and CA. He has authored the books on Accountancy, Economics and Indirect Tax Laws. His unique lecture delivery and practical method of teaching, helps the student to easily grasp and remember the subject.
This Channel provides all the educational content for the students of class 11 and class 12 for subjects Accounts and Economics. Here you get regular & organized content for complete course study.
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What is Reissue of Forfeited Shares | Class 12 Share Capital | Forfeiture and Reissue of Shares
มุมมอง 1297 หลายเดือนก่อน
In this video you will understand what is Reissue of Forfeited Shares for Class 12 Share Capital topic related to Forfeiture and Reissue of Shares. After the shares are forfeited, the company can re-issue the shares, in this case it is known as re-issue of forfeited shares or reissue of shares. For reissue of shares, the company can conduct an auction and dispose of the shares. The shares can b...
Forfeiture of shares issued at Premium | Issue of Shares | Class 12 Share Capital | Forfeiture
มุมมอง 397 หลายเดือนก่อน
Understand how to record the Forfeiture of shares issued at Premium for Class 12 Share Capital topic. Before the corporation may foreclose on a defaulting shareholder, it must provide that person 14 days' notice that he must pay the overdue sum, plus interest. Shares will be cancelled if payment is not received by the due date. However, if the shareholder still does not pay, the business might ...
Forfeiture of shares issued at Par | Issue of Shares | Class 12 Share Capital | Forfeiture
มุมมอง 737 หลายเดือนก่อน
How to record the Forfeiture of shares issued at Par for Class 12 Share Capital topic. Before the corporation may foreclose on a defaulting shareholder, it must provide that person 14 days' notice that he must pay the overdue sum, plus interest. Shares will be cancelled if payment is not received by the due date. However, if the shareholder still does not pay, the business might vote for a reso...
How to Solve Missing Account and Missing Figure Questions | Single Entry System Class 11 | Part-2
มุมมอง 487 หลายเดือนก่อน
Understand in this video how to Solve Missing Account and Missing Figure Questions for Single Entry System Class 11. Missing Account Questions include making of the following accounts: 1. Sundry Debtors 2. Bills Receivable 3. Sundry Creditors 4. Bills Payable Also the missing figures to be solved include questions related to Gross Profit, Sales, Purchases, COGS etc. . . . . . 👍 Keep learning an...
How to Solve Missing Account and Missing Figure Questions for Single Entry System Class 11 | Part-1
มุมมอง 837 หลายเดือนก่อน
Understand in this video how to Solve Missing Account and Missing Figure Questions for Single Entry System Class 11. Missing Account Questions include making of the following accounts: 1. Sundry Debtors 2. Bills Receivable 3. Sundry Creditors 4. Bills Payable Also the missing figures to be solved include questions related to Gross Profit, Sales, Purchases, COGS etc. . . . . . 👍 Keep learning an...
Statement of Affairs and Statement of Profit & Loss with Adjustments | Single Entry System Class 11
มุมมอง 1797 หลายเดือนก่อน
Understand how to make Statement of Affairs and Statement of Profit & Loss in Single Entry System or Incomplete Records. Preparation of Statement of Affairs It is a statement that shows all the assets on one side and all the liabilities on the other side. It is similar to the Balance Sheet. With the help of this statement, we find the capital employed which is the difference between the assets ...
Statement of Affairs and Statement of Profit & Loss | Single Entry System | Incomplete Records
มุมมอง 707 หลายเดือนก่อน
Understand how to make Statement of Affairs and Statement of Profit & Loss in Single Entry System or Incomplete Records. Preparation of Statement of Affairs It is a statement that shows all the assets on one side and all the liabilities on the other side. It is similar to the Balance Sheet. With the help of this statement, we find the capital employed which is the difference between the assets ...
Dissolution of Partnership Firm - ONE SHOT Revision | Class 12 Board Exams | Partnership Accounts
มุมมอง 7717 หลายเดือนก่อน
In this video understand the concept of dissolution of Partnership Firm in ONE SHOT Revision for Class 12 Board Exams and Partnership Accounts. drive.google.com/file/d/1kSzgW5U3cOU9FaL9WzzIb0xmbHplr0GD/view?usp=drive_link Dissolution of partnership refers to the end of the relation subsisting between the partners. This may take place in any of the following ways: 1) Change in existing profit-sh...
What is Single Entry System or Incomplete Records | Class 11 Final Accounts
มุมมอง 767 หลายเดือนก่อน
Understand what is Single Entry System or Incomplete Records for Class 11 Final Accounts students. Under the single entry system, a firm maintains only cash account and the accounts of the debtors and the creditors properly. It does not maintain the accounts of expenses, incomes, assets, and liabilities properly. Hence, as the information provided by these records is incomplete, they are known ...
Problem of Excess and Deficient Demand - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
มุมมอง 3.8K7 หลายเดือนก่อน
In this video understand the problem of Excess and Deficient Demand in ONE SHOT Revision for Class 12 Board Exams in Macro Economics. drive.google.com/file/d/1Tbd7iHKb5iQIWeOFhs-Gd1USj2m8ddBh/view?usp=drive_link Deficient Demand A situation when the aggregate demand falls short of aggregate supply at full employment, the demand is said to be a deficient demand and the difference (gap) is called...
Death of a Partner - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership Accounts
มุมมอง 2.3K7 หลายเดือนก่อน
In this video understand the accounting for death of a Partner in ONE SHOT Revision for Class 12 Board Exams. drive.google.com/file/d/14Doou9_13V7-rE5Z8ueaTQskjyGDLrVi/view?usp=drive_link All steps are same as applicable in case of retirement of a partner. 1. Calculation of Capital and Current account balance upto the date of death 2. Adjustment for share of Accumulated Reserves and Losses 3. A...
Treatment of Managers Commission in Final Accounts | Class 11 Final Accounts with Adjustments
มุมมอง 807 หลายเดือนก่อน
In this video treatment of Managers Commission in Final Accounts for Class 11 Accounts students is explained in full detail with the help of examples. The manager of the business is sometimes given the commission on the net profit of the company. The percentage of the commission is applied on the profit either before charging such commission or after charging such commission. In the absence of ...
Memorandum Balance Sheet in Dissolution of Partnership Firm class 12 | Accounts | Dissolution
มุมมอง 827 หลายเดือนก่อน
Memorandum Balance Sheet in Dissolution of Partnership Firm class 12 | Accounts | Dissolution Understand how the dissolution of partnership firm has to be done when the balance sheet of the firm is not given in the question. . . . . . 👍 Keep learning and keep growing with us!! ✅ If you like this video , please Like , Comment , Share & Subscribe our Channel Also Join our telegram channels: ✅ Cla...
Retirement of a Partner - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership Accounts
มุมมอง 7627 หลายเดือนก่อน
Understand the complete concept of Retirement of a Partner in ONE SHOT Revision for Class 12 Board Exams. drive.google.com/file/d/1jkPqfHMfZKG5maLqkfs8mM3csEr-wY4_/view?usp=drive_link Topics covered: New PSR, Old PSR and Gaining Ratio Revaluation Account Adjustment of Goodwill Treatment of Reserves, Accumulated losses appearing in old balance sheet Adjustment of workmen compnesation reserve Adj...
Complete Question of Final Accounts with adjustments | Class 11 Final Accounts with Adjustments
มุมมอง 1197 หลายเดือนก่อน
Complete Question of Final Accounts with adjustments | Class 11 Final Accounts with Adjustments
Short Run Equilibrium Output - ONE SHOT Revision | Class 12 Board Exams | Equilibrium and Multiplier
มุมมอง 6338 หลายเดือนก่อน
Short Run Equilibrium Output - ONE SHOT Revision | Class 12 Board Exams | Equilibrium and Multiplier
Admission of a Partner - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership Accounts
มุมมอง 9528 หลายเดือนก่อน
Admission of a Partner - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership Accounts
Dissolution of Partnership Firm class 12 | Accounts | Question solving | Realisation Account
มุมมอง 488 หลายเดือนก่อน
Dissolution of Partnership Firm class 12 | Accounts | Question solving | Realisation Account
Aggregate Demand and its Components - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
มุมมอง 6968 หลายเดือนก่อน
Aggregate Demand and its Components - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
Final Accounts with adjustments | Loss of Goods, Drawings, IOC, IOD, Charity, Sample | Class 11
มุมมอง 548 หลายเดือนก่อน
Final Accounts with adjustments | Loss of Goods, Drawings, IOC, IOD, Charity, Sample | Class 11
Basics of Dissolution of Partnership Firm class 12 | Dissolution of Partnership | Accounts | Part-2
มุมมอง 378 หลายเดือนก่อน
Basics of Dissolution of Partnership Firm class 12 | Dissolution of Partnership | Accounts | Part-2
Change in Profit Sharing Ratio among partners - ONE SHOT Revision | Class 12 Board Exams | Accounts
มุมมอง 6998 หลายเดือนก่อน
Change in Profit Sharing Ratio among partners - ONE SHOT Revision | Class 12 Board Exams | Accounts
Final Accounts with adjustments | Bad Debts and Provision for Bad Debts | Class 11 Final Accounts
มุมมอง 698 หลายเดือนก่อน
Final Accounts with adjustments | Bad Debts and Provision for Bad Debts | Class 11 Final Accounts
National Income and its Aggregates - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
มุมมอง 1K8 หลายเดือนก่อน
National Income and its Aggregates - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
Basics of Dissolution of Partnership Firm class 12 | Dissolution of Partnership | Accounts
มุมมอง 988 หลายเดือนก่อน
Basics of Dissolution of Partnership Firm class 12 | Dissolution of Partnership | Accounts
Fundamentals of Partnership - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership
มุมมอง 9328 หลายเดือนก่อน
Fundamentals of Partnership - ONE SHOT Revision | Class 12 Board Exams | Accounts | Partnership
Final Accounts with adjustments | Treatment of Depreciation | Final Accounts Full Question solved
มุมมอง 508 หลายเดือนก่อน
Final Accounts with adjustments | Treatment of Depreciation | Final Accounts Full Question solved
Circular Flow | Goods | Stock & Flow - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
มุมมอง 1.5K8 หลายเดือนก่อน
Circular Flow | Goods | Stock & Flow - ONE SHOT Revision | Class 12 Board Exams | Macro Economics
Valuation of Goodwill in Partnership Accounts - ONE SHOT Revision | Class 12 Board Exams | Goodwill
มุมมอง 9648 หลายเดือนก่อน
Valuation of Goodwill in Partnership Accounts - ONE SHOT Revision | Class 12 Board Exams | Goodwill