Anandhi Ltd., purchased Plant and Machinery worth 2,30,000 from Rajan Traders. Payment was made to 20,000 by

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Anandhi Ltd., purchased Plant and Machinery worth ₹2,30,000 from Rajan Traders. Payment was made to ₹20,000 by cheque and the balance amount by issue of equity shares of ₹10 each fully paid at ₹10.50 each. Pass necessary journal entries.

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Corporate Accounting

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Authors: Anita Raman, P. Radhika

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Question Posted: Aug 30, 2023 06:55 AM

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Anandhi Ltd., purchased Plant and Machinery worth 2,30,000 from Rajan Traders. Payment was made to 20,000 by

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To record the purchase of Plant and Machinery worth 230000 from Rajan Traders where 20000 was paid b...View the full answer

Corporate Accounting

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