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Formula Sheet

Joint Stock Accounts : Issue of Share — Formula Sheet

ICSE · Class 12 · Accountancy

4 formulas from Joint Stock Accounts : Issue of Share (ICSE Class 12 Accountancy) on one page, grouped by topic.

45 questions39 flashcards4 formulas & key relations5 concepts

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An infographic illustrating the main features of a company: Separate Legal Entity, Limited Liability, Perpetual Succession, Common Seal, Transferability of Shares, and May Sue or be Sued. Each feature
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4 Entries · 1 Section

Formulas and Key Relations

2. Share capital structure

No. of shares to be issued = Total amount due / Issue price of share

Goodwill = Purchase consideration + Liabilities taken over - Assets taken over

Capital Reserve = Assets taken over - (Purchase consideration + Liabilities taken over)

Interest on Calls-in-Advance = Amount of calls-in-advance × Rate × Time/12

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Frequently Asked Questions

What are the important topics in Joint Stock Accounts : Issue of Share for ICSE Class 12 Accountancy?
Key topics in Joint Stock Accounts : Issue of Share include Meaning of Company, Share and Types of Shares, Classification of Companies, Share Capital and Its Types, Issue of Shares: Modes, Price and Legal Rules. Study these first, then practise questions on each for the ICSE Class 12 board exam.
How many formulas are in Joint Stock Accounts : Issue of Share?
This sheet lists 4 formulas from Joint Stock Accounts : Issue of Share, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.
How should I revise Joint Stock Accounts : Issue of Share for the ICSE Class 12 board exam?
Learn the core ideas first, then work through the 45 practice questions on Joint Stock Accounts : Issue of Share. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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All ICSE Class 12 Accountancy Formula Sheet

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