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Equity share capital (Balance sheet)

Accountancy

In the notes to accounts , can you please explain how the equity share capital amount was calculated ? Video Details ------------- P1 - Advanced Accounting - Without AS Amalgamation of Companies #52. Illustration 14 - Part 3 (Entries in Books of Hari Ltd)

Merlin Mathew

CA Inter

★ 11K+

04-Mar-25 20:20

187

Answers (1)

Please look at WN 2 in the solution there will be 4,20,000 valued of equity shares. So the total shares are 1,00,000 of hari Ltd and 4,20,000/10.5 = 40,000 of Vayu Ltd. 10.5 includes the premium of 0.5

Likith D

Moderator

11-Mar-25 10:04