UDESH REGULAR

FOR GROUP-1, MAY 2024

▪ Subject- Advanced Accounting

RECONSTRUCTION
▪ Chapter- INTERNAL

7
▪ Lecture No.-
Recap of Previous Lecture

Questions
Topic
Topics to be Covered

Topic Questions
 TOPIC : Questions
/Share surrenders
Enante
Equity Shar
Cap 10000 sh
of lo each 10 Lah
: :
- .

to
50 % Shares 5000 5 Lalch
(0( Surrender shing loeach :
:

Sh -3) 31
cap 82
-
: +

[
50000
22+41 62 Eg sh
Capital Als - Ar
Cep Red
= .
.
.
:

50000
To shaw Surrender All
I

0 ⑧
-
↓ Gh 3 Lt

Cancellation
of shares utilize
fou settlement of Liab

crediton 4
20050 :

↓ ↓

/ I
300000
Share surrender -

DV 200000
-
[
(1) Stan Surrence

To 300 d
To
capital Reduction 200000 Egush-up .

"[
creditor 4000
I

To Red 400000
Carital .
 Se
⑭Ke Hisab

Eg . Sh -

cep :
10000
shog lo each 100000

↓
50 +. Reduce

3 shows
Creditor 42 -> Settle
by giving
:

I Reduction
Eg smcep S2+31 8)
=

IOL
ce All-Dr
Sh
:

:
.
.
-

To
Eg ⑰ Cap Red 52+12 6L
·

sh
cy
:

:
-
-

To
Ces
·

Reductive Als ⑧
5L Creditors
(Reavu) by 4(

Creditors 4L
2) creditor
e
:
All-Dr
To Eg . Sh -

up
.
E
3

To
cp
.
Reduction 0 In
#
019 . Journal Entries

3000x100)
3 Equity share
Capital All /Eloog -
Dr sowar

30000
B000 x 10) To
Equity shan Capita All (E10)

240000
2)
Equity share
cap Als-Dr
·

24000
to share Surrender Al

(3000 x 80t) x 10 =
24000sh . x10

3) No
Entry
Try Divided
Forgo/waired
. :
:

20000
4) 7t
Pry Share
cap Al Dr
-
.
.
.

200000
To 84.
Pry-share cap .
Als
 50008
5) Share Surrender Als-Dr
5000
to
Equiny Shan
Capital Al

6/500
6) Trach
Pgodles Al-er
To Reduction Al 61558
(2460000x (4) Capital

44008
7) Director Loan All-Dr
To
44008
Capital Reduction Al

190000
8) Share Surrender All-Er
190000
To
Capital Reduction Als

[C42 -

55)
 1500
9) Building Als-Dr
15008
To Reduction Ala
Capital
300
10) Divided
Pycle Als- Dr

To Bank Al 3000

1) EmpernsCapital Reductive Als-Ar 60008

To Bann Al 6008

Bann Al 40000
12] -
Ar

40000
To
Equity share
apital
14000 x
10)
 263000
13) Capital Reduction Al-Dw
40008
To Patent
40088
To Plant & Mach

34000
To
-Inventory
650000
To Trach Ric

TO PALA/ 8400

14) Capital Reduction All-Dr 4 / 500

To Plans & 4/5000

Mach

Reduction Als
-
Capital
gobes 61508
To Bann Alk 6008
By Track

44000
To smaries
(W]) 269000 By Director Loan

195008
By Shan Surrender

To Plans & Main .

/B5) By Buildy 15008

(Ady 11)
·
#20
- Entries
x 100
(1000
y Equity Share
Capital All Floog
-

Dr 10008

(100000 cp Als /Elo)

10) To 10000
Equity
x Shew ·

5000
2)
Equity Shan
cap Als-er
.

To Share Surrender All 50000

es((a) 1000 x 50 %) XIV

-
10008
3) shall surender Als - Dr

Mr
1000
To 124 ·
.
Sh -

cap All

122x75x 150000
a) 124 DeSCSNOM Alz
-
Dr

: 18000
(24000x757 %>Deb Int :
Als- Dr
16800
To Reduction Al
Capital
 36000
5) Shaw Surrender Als -
or

36000
To Eg . sh .

pird

7200
6) Trac
Myoths All-Ar
70
to Reduction Alc
spital
(36000 +

36000)

6008
7) Capital Reduction Als-er
To PAL 6000
Ala

36400
8) Share Surrender Als-Br
36408
to Cepites Reductive Als

(500000 -
10000 -

3600)
 488
Reduction Als Dr
9) Capital 400
To Resure Al
sepit

Reduction Al
Capital
124825 158800
To PAL Al By
:

600000
Int 180
ol
By
Bes .

To
Epita Res .

(B) 7200
By Track
Pyles
36405
By shen Surrender

-
-
 Notes to Accounts
-
1000s

Note 1 : Shan
spitd (500000
- -

53608 500
53600
equity share
of 10 each
3600

/Out o Shisiven
fou
-

3600 eq
.

asor 53608
cen)
-
consideration other tha

Note 5 Short Hum Por

1000
:

10000
,
12 %
Pry Shoy
.
10 each

Provi fou Tax 2408

(All the above share issued
for consideration

other than casn( -

NO 6 : PPE
63600
1000
-
Machin
Note 2 :
Ru 1 SivMlus.

4008
Resure
capital
NOM 3 LIB
:

500
12- -

Beben NUS

Note4 :
Other current Lies -

6008
01s D15- Irt-
H/wo
-

16 117
PD
San
36000
-
-
-
See 60 + 40 %

21600 14400

D /Asr 3
years
100 -> 75
war

21600e
,
-5 ,
21600

Valve
=) 16200
-
Eg . sh
.
--

54000 Red
<y -
 2 mins Summary

Topic One
Questions

Two

Three

Four

Five
Thank You