Class 12 Accountancy Part 2 Chapter 1 Accounting for Share Capital

Share Capital

A company, being an artificial person, cannot generate its own capital which has necessarily to be collected from several persons. These persons are known as shareholders and the amount contributed by them is called share capital.

Let us now understand each concept of Accounting For Share Capital in detail:

The above mentioned is the concept that is explained in detail about Accounting for Share Capital for the class 12 Commerce students. To know more, stay tuned to BYJU’S.

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