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Iron products Ltd. issued 5000,9% debentures …

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Iron products Ltd. issued 5000,9% debentures of 100 each at a premium of ₹40 payable as follows:(i)₹40,including premium of ₹10 on application (ii) ₹45 including premium of ₹15 on allotment. (iii) balance as first and final call. The issue was subscribed and allotment made. Calls were made and due amount was received.pass journal entries.

Posted by Xyz Abcd 7 years ago

CBSE > Class 12 > Accountancy

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