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purchased a plant from gujarat ltd.for 2800000it is issued 10000shares of 100each at 10/premium and 900010/debenturesof 100rs each at 10/discount and balance payment was made in cash solve this sum and pass journal entries

Posted by Husan Dhaliwal 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Komal Poddar? 4 years, 8 months ago

Plant a/c Dr. 2800000 To Gujarat Ltd. 2800000 Gujarat Ltd. A/c Dr. 2710000 Discount on issue of debentures a/c Dr . 90000 To deb a/c 900000 To share capital a/c 1000000 To SPR a/c 100000 To bank a/c 800000

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