UDESH REGULAR

FOR GROUP-1, MAY 2024

▪ Subject- Advanced Accounting

RECONSTRUCTION
▪ Chapter- INTERNAL

▪ Lecture No.- S
Recap of Previous Lecture

Questions
Topic
Topics to be Covered

Topic Questions
 TOPLC :
Questions
# 013 Journal Entries .

I
15000 75008

I
Ak (ESo)-Dr
I Equity Capita
Share

To
Capital Al (2 50) D
37500
Equin
-

Share

5
718500
To
Capital Reduction Al

112500
2) Bann Al-Dr
To Als ⑮00
Equiny share
Capita
/15000x 3/1) x 2:50

3) Pry -
Divided : waived -> No
Entry
EI 200X 50) 6000
4) 74
Pry Sh
Cy Al (ES-DV
-> .
.
· ·

000
Capita Reduction Als-Dr (B)

(1200 x 4) x 10
To St .

Pry .
sh -

capita (10) ⑥
4 SOON

x 2 50
To
Equity sh -

capita (2
-

50) O
180000
(1200x6)
.
 15008
S Loan Al-Ar

cap (10) ⑧
12000
(1200 10) To St
Pry-sh
-

x -
.

⑧
30 v

(12000x2-5) To
Equinysh-up
.

(2-50)

6) Bann Als-Ar
1000

(4000 x2 ·

50) to -
18000
O

Equin Sheu
(pitd All

7) Lar Als-Du 200

20008
To Bann All

8) 48608
Capital Reduction Als -E

PAL 4) 5/00
TO Als
3 So
To Plans All
16658
a) Capital Reduction Als-Ar
16650
To Trademark & alw
7712500 -
6000 -

48008)
 Balanc sheet Rebuilt Lid (and reduced
o
.

Note NO -
Amount

Ed liabilities

I Shareholder
funds I
1060008

a) Share
sepital
2) Non current libilities
2 22308
a)
long Term
Borrowings
3) current Liabilities
20700
a) Trade yobls
3508
3) Other current Liab.
-

TOTAL -50
Assets
-

Assess
I Now Current

PPE & 63508

a) Entangibl Assess 3

i) PPE 15/500
y
Assess
ii)
Intangible
 2) Current ASHA
40008
Inventories
a) 328000
b) Track Rueirables
12588
5
C) Cand Cen Ea

TOTAL -
Share
Note I :

capita
Authorised :
-

75008
2 50
300000 eq shor each
-
.

65000 St 65000
Pry Shoy 10 each
.
.

, -

140000
-

- ubsi , celled & paid up

460000
18400 2 50 each
equity sh
-
.

(outy above 12000 sharte issued for considuation other than

60000
can)

Pr Shriy
5t 10 each
60000
-

100+ /2000
Pry-sh issue
for consideration other than
cash)
y
above .

I 60000
e
Note 2
:
LFB

223000
war
(57300 150000
200000
-
-

Note 3 :
PPE
40008

Building
208000
plant

wongscheme
man
the
$5000
-
-
23350

63508
-

Nose 4 ASUS
Intangible
:

31808
Trademark & Goodwill

wigg under the scheme 1500

151508
-

NOR 5 : cand been Eg .

Bank (112500 +

150000 -

20000)
12500
 # 014 Ledger Accounts

r
Equity Shan
cap (1) Bank Al
.

20800
To Eg Sh-cap /2 50)
. -
16000 B Bead 480000 To
Eg Shap
. . 16000
By BdS/
(64000 x2 .

5)
To
Capital Reduction 48000 By Bank Al 16000 To
Eq . Sh -

cap
.
440000

(6400x2 5) TO 10 %
Pry sh 120000 ByBdY ,
.

· .

up
-
- .

- -

r
Pry Sh-cap (7 50)
cap (10)
10 %
. -

8x
Pry
.

·
.
In - .

ToBdyN ByI 6400X 7 5)

8-
Puysh cap 480000
·
.

640000
To lot
Pry sh-cap/7)
-

480000 By Babyd .

To Red Als 16000 By BannAl 120000

Capita
.

(6400x/4)x7 5
.

-
- -

- --
--
 Reduction Al
Capital Director Loan Al

To Prov for 6400

D/Deb
By Pry shcay
84 16000
By Budd 60000
-
.

To Eg 6000
Sh-cap
.
.

(32000 x &4) 48000

By Equity sh cap
-

9008
.

To
Atayibhs
I
I

27 0
By
00
T Plant 100 freehold Pun .

2008
Dy Purtup By
To · -
4800 stock

TO PAL Al 44008

To Investments (WI) 11500

To Reserve 256100
Capital -

>

(B)
-
-

Equity Shan
cap (2 50)
.
.

To Be
⑱ B Equity sh cap (1) 116000
-

I
.

yd
(6400 x 5)
2

&
.

6000
By Director War Als Double
(2400x 2 5) .
--
-

4400
Bank Alc
By
- C6408 2958)x7X2 50
+

-
-
 : I
WN
-
-> RL a
& 1600 Sh .

-
Outdo
--

(15+) A
~
COS5= 32400
25000
Pryis
=

--

rate 12 %
Capitalisation
:

Did
r th)
of valve

=
250000 = 2083333 .
33
-

127

Investment
33 x 15%.
2083333
.

r
=> 312500

32400 312500
Reduction
of
-

in value Jer. =

11500
 Balanc R Ltd (and reduced)
of
Sheet .

Note NO . Amount

Equiry
-
& Liabilities

I) Shakholder
funds I 12600
a) snan
repital 2
3) Reserves & Surplus 256/00

I current Viabilities
44000
a) Trace
Pyoblus -

TOTAL 1956100
-

Assets
--

1) Non Current Assess

PPG& Assess
a) Intangible 52000
3
i) PPE
↳ 48000
ii) Intangibles
312500
3) Nor Current Investments
 C CVW217 A88956
95008
Inventories
a) 313600
5
3) Track Russirably
51200
C cond ash Ea .

TOTAL -00
-

Notel Shar
capital
!

Arthorised 190000
cap
:
-
-

Issued & subscribed

66000
264 2 50
equing shing
, 000 . each

Corting above 24000 share issued

fou consideration other than ach)

60000
80000 los
Pry sh
-
7 50 each
.
.
.

,
-

126008
-
Note 2 : Res & surplus
Reseve
256/00 Now 2008
Capital
-

↓
Note 3 PPE
Mire
:

38008
Freehold Premises
24000
Plant & Eg . HN :

/1000) 14000 Fa I
wo
-

under sinme -
-

52008
-

Now 4
Insagiblis
:

6808
Amount

(2000
wjg
-

under scheme
-

4800
-

Note 5 :
Track Rell
Amount 32000
- PDD (64003 513600
-
 2 mins Summary

Topic One
Questions

Two

Three

Four

Five
Thank You