generic · 12th TN - English Medium · ACCOUNTANCY · Page 233definition

COMPANY ACCOUNTS

Chapter 1: Class 12 Accountancy English · ACCOUNTANCY · EN medium

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COMPANY ACCOUNTS . Introduction . Meaning and definition of a company . Characteristics of a company . Meaning and types of shares . Divisions of share capital . Issue of equity shares . Process of issue of equity shares . Issue of shares for cash in instalments . Issue of shares for cash in lumpsum . Issue of shares for consideration other than cash To enable the students to  Understand the statutory provisions regarding issue, forfeiture and reissue of shares.  Understand the accounting treatment for issue, forfeiture and reissue of shares.

📖 Class 12 Accountancy English 2024 Edition www.tntextbooks.in · Page 233

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COMPANY ACCOUNTS . Introduction . Meaning and definition of a company . Characteristics of a company .

Meaning and types of shares . Divisions of share capital . Issue of equity shares . Process of issue of equity shares .

Issue of shares for cash in instalments . Issue of shares for cash in lumpsum . Issue of shares for consideration other than cash To enable the students to  Understand the statutory provisions regarding issue, forfeiture and reissue of shares.  Understand the accounting treatment for issue, forfeiture and reissue of shares.

Contents Learning objectives  Preference shares  Equity shares  Over subscription  Pro rata allotment  Calls in advance  Calls in arrear Key terms to know

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