Exercise Based on Calls in Arrears and Calls in Advance | Class 12 Accounts Chapter 8 | CBSE 2024-25

👉Previous Video:    • Difference Between Calls in Arrears &...   👉Next Video:    • Shares Issued for Consideration Other...   ======================================================= ✔️📚👉 Watch Full Free Course Videos: https://www.magnetbrains.com ✔️📚👉 Grab E-book & E-Notes by Expert Teachers Here: https://www.magnetbrains.com/notes ======================================================= 📢 Full Playlist Link:    • Class 12 Accountancy (By Ambika Ma'am...   ✅ In this video, ✔️ Class: 12th ✔️ Subject: Accountancy ✔️ Chapter: Company Accounts - Accounting for Share Capital (Chapter 8) ✔️ Topic Name: Exercise Based on Calls in Arrears and Calls in Advance ✔️ Topics Covered In This Video (by Ambika Ma'am): In this captivating video, Ma'am guides you through the fascinating realm of Class 12th accountancy, focusing on the topic of "Exercise Based on Calls in Arrears and Calls in Advance" within Chapter 8 Company Accounts - Accounting for Share Capital. Dive deep into the captivating world of accountancy as we explore key concepts essential for success in your studies. Join us as we simplify complex topics and make learning fun and engaging for all Class 12th students ======================================================= 00:00 Introduction - Company Accounts - Exercise Based on Calls in Arrears and Calls in Advance 02:54 Que. 1 Ghosh Ltd. made the second and final call on its 50,000 Equity Shares @ ₹2 per share on 1st January, 2016. The entire amount was received on 15th January, 2016 except on 100 shares allotted to Venkat Pass necessary Journal entries for the call money due and received by opening Calls-in-Arrears Account. 09:57 Que. 2 Usha Ltd. was formed with a capital of ₹10,00,000 divided into shares of 100 each. It offered 90% shares to public for subscription. The amount per share was payable as 40% on application, 20% on allotment and the balance on first and final call. The applicants paid ₹3,60,000 on application and ₹1,69,000 on allotment. The call has not yet been made. Calculate 28:19 Website Overview ======================================================= Why study from Magnet Brains? Magnet Brains is an online education platform that helps to gives you NCERT/CBSE curriculum-based full courses free from Kindergarten to Class 12th so that you can perform well in any and all exams you give in your academic career. 👉 Contact us 🤑🤑 ➡️ Connect with us: [email protected] ➡️ Website: https://www.magnetbrains.com/ ➡️ Subscribe to us on YouTube:    / @magnetbrainseducation   ➡️ Subscribe to Magnet Brains Hindi Medium:    / @magnetbrainshindimedium   ➡️ Facebook:- https://www.magnetbrains.com/out/face... ➡️ Instagram:- https://www.magnetbrains.com/out/inst... #magnetbrains #class12boards #accountancy #class12 #accounts #accountancyclass12 #cbse #ncert #companyaccountsclass12 #exercise #callsinadvance exercise based on calls in arrears and calls in advance journal entry for calls in arrears and calls in advance exercise based on calls in arrears and calls in advance questions calls in arrears journal entry Disclaimer: "This video is for educational and informational purposes only and is not intended to infringe on any copyrights. If you believe that this video has used any copyrighted material in a way that constitutes copyright infringement, please contact us at [email protected] and we will take appropriate action."