How to Prepare Balance Sheet in Issue of Shares | Class 12 Accounts 📊

Описание: Scared of presenting 'Share Capital' in a Company Balance Sheet? 😫 In this 39-minute masterclass, we take the practical problem of 'Vinod Limited' and learn how to record it in the financial statements. Learn the exact way to present Authorized, Issued, and Subscribed Capital in 'Notes to Accounts' to secure your full 4 marks in the board exams!

📖 DETAILED SUMMARY
This video covers the entire journey of preparing a company’s Balance Sheet after the issuance of shares. We don't just focus on the format; we dive deep into the complex calculations that go into the 'Notes to Accounts.'

You will learn how to calculate 'Subscribed Capital' in pro-rata cases, exactly when to deduct 'Calls in Arrear,' and most importantly—how to handle the remaining balance in the 'Share Forfeiture Account' when not all shares are reissued. To ensure 100% accuracy, we finish by reconciling the Liability side with the Asset side (Cash at Bank). 🚀

✅ KEY LEARNINGS

TYPES OF CAPITAL: Understanding and presenting Authorized, Issued, and Subscribed Capital.

CALCULATING SUBSCRIBED SHARES: The formula for adjusting Forfeited and Reissued shares from the total allotted count.

CALLS IN ARREAR RULE: Knowing when this ledger remains open and its impact on the Balance Sheet.

SHARE FORFEITURE ACCOUNT: How to add back the balance of shares that were forfeited but NOT yet reissued.

RESERVE & SURPLUS: Presenting Security Premium and Capital Reserve effectively.

CASH AT BANK: Calculating the final bank balance (Debit vs Credit) to tally the Balance Sheet.

⏰ CHAPTER TIMESTAMPS
00:05 — Introduction: Importance of Balance Sheet & Exam Pattern
01:31 — Review of the Practical Problem (Vinod Limited)
04:02 — Balance Sheet Format & Main Headings (Equity & Liabilities)
05:43 — Notes to Accounts #1: Beginning with Share Capital
07:30 — Recording Authorized vs Issued Capital
09:58 — Subscribed Capital: Formula to find the number of shares
12:53 — Importance of "Fully Called up & Paid up" terminology
16:40 — Calls in Arrear: When to deduct and when to ignore
18:57 — Share Forfeiture Balance: Adjustment for non-reissued shares
25:16 — Calculating the Final Share Capital Figure (₹9,80,000)
28:07 — Notes to Accounts #2: Reserve & Surplus (Security Premium & Capital Reserve)
32:01 — Notes to Accounts #3: Cash & Cash Equivalents (Bank Reconciliation)
37:25 — Tallying the Balance Sheet (Total: ₹12,36,000)
38:58 — Conclusion & What’s coming in the next class

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