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03. I Ltd. issued 5,000, 12% Debentures of 100 each at a premium of 5 On ApplicationOn Allotmentunable as follows:830 (including premium)40On ist and Final Call The balance amountApplications were received for 6,000 debentures and allotment was made pro-ratamal applicants. All the moneys were duly received. Pass necessary journal entries.Jans. Cash at Bank 25,25,000. Cash received on allotment 31,70,000 and on first(1,75,000.]​

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India is a decomposer and a KIND that group is the correct way of a BUSINESS and I think that is the FIRST



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