A company has issued 50,000 10% Debentures of Rs.100 each at a premiumof 20% payable as

+3 votes

asked Apr 3, 2019 in Class 12 by kratos

Rs.50 on application

Rs.70 on allotment (including premium)

All the debentures were subscribed for and money was duly received. Makejournal entries.

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+6 votes

answered Feb 25, 2020 by kratos

Best answer

              **JOURNAL**

BALANCE SHEET AS ON 31ST March....