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X Ltd issued 2000, 15% debentures …

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X Ltd issued 2000, 15% debentures of rs 100 each at par, payable as follows : 25 on application 25 on allotment and 50 on first and final call. Application were received for 3000 debentures. Application for 1600 debentures accepted in full. Application for 600 debentures were allotted 400 debentures And rest were rejected. All money due were received except final call on 100 debentures. Pass necessary journal entries.

Posted by Parinita Kashyap 6 months, 2 weeks ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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