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Z Ltd. issued Equity shares of …

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Z Ltd. issued Equity shares of Rs. 100 each at a premium of Rs. 10 per share for the purchase of furniture of Rs. 99,000. Pass journal entry for issue of shares.
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Namrata Aggarwal 8 years, 1 month ago

Furniture a/c Dr. 99000 To vendor a/c. 99000 Vendor a/c. Dr. 99000 To equity sh. cap a/c. 90000 To SPR a/c. 9000
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