Class XII Boards🔥Q11 Journal Entries for Forfeiture and Partial Reissue of Shares CBSE ISC XII”

Описание: truggling with Partial Reissue of Shares? 🔥 In this video, we solve Question 11, focusing on one of the most confusing topics in the Share Capital chapter: The Partial Reissue of Forfeited Shares. When a company forfeits more shares than it reissues, the calculation of Capital Reserve changes completely. We break down the unitary method and the logic behind it so you never lose marks on this in your Board Exams!
📌 What You Will Learn:
• Forfeiture Entry: How to correctly record the forfeiture of shares for non-payment of calls.
• Partial Reissue Logic: How to handle the journal entry when only a fraction of forfeited shares are reissued.
• Pro-rata Capital Reserve: The step-by-step formula to calculate the gain on reissued shares only.
• Balance in Forfeited Shares A/c: What happens to the money belonging to shares that haven't been reissued yet?
• Board Exam Presentation: Tips for writing clear narrations and working notes.
📊 Question 11 Case Study:
• Scenario: 500 shares forfeited, but only 300 shares reissued.
• Challenge: Calculating the exact amount to transfer to the Capital Reserve.
• Target: CBSE & ISC Class 12 Board Exam standards.
📑 Chapter Timestamps:
0:00 - Introduction to Partial Reissue
03:10 - The Forfeiture Journal Entry breakdown
07:45 - Reissue Journal Entry (Discount vs. Premium)
11:20 - CRITICAL: Calculating Capital Reserve for Partial Reissue
18:30 - How to treat the remaining balance in the Forfeited Shares Account
22:15 - Final Check: Summary of Journal Entries
25:00 - Pro-tip for Boards: Working Notes that score marks
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The question for the above solution is attached here:

https://docs.google.com/document/d/11...

• Full Class XII Share Capital Series:    • Class XII Issue of Share Capital  

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