Issue of Shares | Other Than Cash Assets Purchase - 1 | Class 12 Accountancy | Ace to Accounts Lec 6

Lecture 7 – Issue of Shares for Asset Purchase (Other Than Cash)
Welcome to Ace to Accounts by Sanjeev Giri Classes (SGC)!
In this lecture, we explain the first case of Issue of Shares for Consideration Other Than Cash, where shares are issued to vendors for purchasing assets.

🔹 Topics Covered:
✔️ Meaning of Issue of Shares for Asset Purchase
✔️ Step-by-step journal entries for non-cash transactions
✔️ Treatment when assets and liabilities are taken over
✔️ Concept clarity as per T.S. Grewal & CBSE syllabus
✔️ Case 1: Vendor issued shares equal to purchase consideration

📌 This lecture helps students build conceptual understanding of non-cash share issues, a common topic in board exams and CA Foundation.

📄 Board PDF (Same PDF taught in class, shared on Telegram):
👉 https://t.me/Sanjeev_giri_classes/103

📺 Complete Playlist:
👉    • Ace to Accounts Series | Class 12 | 2025-26  

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