Alteration of Share Capital and Internal Reconstruction | Accounting
Here is a compilation of top four accounting problems on alteration of share capital and internal reconstruction with its relevant solutions. Illustration 1: The summarised Balance Sheet of Sunrise Ltd. as on 31st December, 2006 was as under: On 31.12.2006 the following scheme of capital reduction was taken: (a) The equity shares were reduced to 25 paise each. (b) [...]