jp ltd purchased building costing 7000000 …

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jp ltd purchased building costing 7000000 from m/s construction ltd the company paid 2050000 by cheque and for the balance issued equity share of 100 each in favour of m/s construction ltd pass nessesory journal entries in the book of jp ltd for the purchase of building and making payment if shares were issued at a discount of 10% b) at a premium of 25 %
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