1.

A Ltd issued 10,000, 10% Debentures of Rs.100 each at a premium of 5% payable as follows: Rs.10 on application, Rs.20 along with premium on allotment and balance on First and Final Call. Record necessary journal entries.

Answer»

A Ltd issued 10,000, 10% Debentures of Rs.100 each at a premium of 5% payable as follows:

Rs.10 on application, Rs.20 along with premium on allotment and balance on First and Final Call. Record necessary journal entries.



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