Jindal company purchased a machine from …
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Jindal company purchased a machine from High Life Machine Limited for RS.3,80,000.As per purchase agreement,RS.20,000 were paid in cash and balance by issue of shares of RS.100 each.What will be the entries passed if the shares are issued:
(a).at par
(b).at 20% premium
Posted by Prakatheesh Sridhar 2 years, 9 months ago
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