Skip to main content
Super TutorResources
Chapter 2 of 14
Study Plan

Accounting for Share Capital — Study Plan

Madhya Pradesh Board · Class 12 · Accountancy

A step-by-step study plan for Accounting for Share Capital, Madhya Pradesh Board Class 12 Accountancy: what to learn first, what to practise and when.

81 questions72 flashcards5 concepts

Interactive on Super Tutor

Studying Accounting for Share Capital? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for study plan and more.

Try Super Tutor — Free

Free trial, no card needed.

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
Super Tutor

One of 9 illustrations for Accounting for Share Capital in Super Tutor — alongside flashcards, concept maps and practice questions.

Study Plan

1
Day 1–2

Learn the Theory

Read the textbook chapter carefully. Note down definitions, formulas and key ideas. Focus on: 1. Nature of a Company and Kinds of Companies, 2. Categories of Share Capital, 3. Types of Shares.

2
Day 3

Practise

Solve the textbook exercises and extra practice questions. There are 81 questions available for this chapter.

3
Day 4

Revise & Test

Revise key points without looking at your notes. Take a practice quiz and mark weak areas for another pass.

4
Day 7

Spaced Revision

Come back to Accounting for Share Capital after a week. Use flashcards for quick recall and try past exam questions on this chapter.

What to Focus On

  • A company is a legal person separate from its members.
  • Shareholders own the company, but directors manage it.
  • The company can continue despite death, insolvency, or insanity of members.
  • Unlimited companies are permitted by law but not found in India.
  • A private company has restricted membership and transfer conditions.
  • An OPC is a company with only one member.
  • Authorised capital is the ceiling for issue of shares.
  • Subscribed capital may be equal to or less than issued capital.
  • Paid-up capital is called-up capital minus calls in arrears.

Common Mistakes to Avoid

Authorised capital is the amount actually issued to shareholders.

Subscribed capital always means the total shares offered by the company.

Calls in arrears and calls in advance are the same thing because both relate to call money.

Memory Tips

Kinds of share capital

Authorised capital

Issued capital and subscribed capital

Called-up capital and paid-up capital

Want a personalised study plan?

Super Tutor builds a day-by-day plan for Madhya Pradesh Board Class 12 Accountancy that fits your exam date and pace.

Create My Study Plan

Frequently Asked Questions

What are the important topics in Accounting for Share Capital for Madhya Pradesh Board Class 12 Accountancy?
Key topics in Accounting for Share Capital include Nature of a Company and Kinds of Companies, Categories of Share Capital, Types of Shares, Issue of Shares and Minimum Subscription. Study these first, then practise questions on each for the Madhya Pradesh Board Class 12 board exam.
How should I revise Accounting for Share Capital for the Madhya Pradesh Board Class 12 board exam?
Learn the core ideas first, then work through the 81 practice questions on Accounting for Share Capital. 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.

More resources for Accounting for Share Capital

All Madhya Pradesh Board Class 12 Accountancy Study Plan

For serious students

Get the full Accounting for Share Capital chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for Madhya Pradesh Board Class 12 Accountancy. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free