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Reco company purchased a machinery from …

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Reco company purchased a machinery from ajay &co.for Rs 600000 consideration a cheque rs 50000 and equity shares rs 100 each on 10% Premiun issued pass necessary journal entries

Posted by Anuja Bhindwale 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Abhishek Jha 7 years ago

Machinery A/C. Dr. 600000 To. Ajay&co. 550000 To. Bank A/C. 50000 Ajay&co. Dr. 550000 To share. Capital a/c. 500000 To security premium reseve a/c 50000

Jaskirat Singh Bhatia 7 years ago

A.Machinery a/c. Dr. 600000 To Reco company. 600000 B.Reco company a/c. Dr. 600000 To bank. 50000 To equity share capital. 500000 To Securities premium 50000 Reserve

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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