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X Ltd purchased land costing Rs. …

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X Ltd purchased land costing Rs. 9,50,00,000 from Y Ltd. Rs. 50,00,000 were paid through bank and the Balance by issueing equity share of Rs. 100 each at a discount of 10%. Pass journal entries for making the payment through bank and by issue of equity shares?

Posted by Ankur Singh 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Navrajdeep Singh Dhaliwal 8 years, 2 months ago

Y ltd a/c .. dr 86000000 to bank a/c 5000000 to equity share a/c 81000000

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