On 31 st March 2008, Rahim Ltd. passed resolution to sub-divide 50,000 equity shares of 100 each
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On 31st March 2008, Rahim Ltd. passed resolution to sub-divide 50,000 equity shares of ₹100 each into shares of ₹50 each. Show the necessary journal entries to give effect to the above resolution.
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To subdivide 50000 equity shares of 100 each into shares of 50 each you need to account for this cha...View the full answer
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