InterviewSolution
Saved Bookmarks
| 1. |
The authorised capital of ₹ 16,00,000 of XYZ Ltd. is divide into 1,60,000 Equity Shares of ₹ 10 each. Out of these shares 80,000 Equity Shares were issued at par to public for subscription. The full nominal value is payable on application. All the shares were subscribed by the public and total amount was paid for Pass necessary journal entries in the books of the company. |
|
Answer» . issued 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30TH SEPTEMBER and 31st March. Tax is to be DEDUCTED @ 10%.HOPE IT'S ANSWER OF YOUR QUESTIONMEANWHILE M STUDYING IN 9TH CLASS BUT I TRIED THIS TOOO |
|