Ram Limited purchased assets of 10,00,000 from Rahul Limited. The company issued equity shares of 10 each fully paid up
Ram Limited purchased assets of ₹10,00,000 from Rahul Limited. The company issued equity shares of ₹10 each fully paid up to the satisfaction of their claim. Pass journal entries to record these transactions.
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Step by Step Answer:
Chapter # 1- ISSUE, FORFEITURE, AND RE-ISSUE OF SHARES,,
Section: EXERCISES AND PROBLEMS
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Question Posted: August 30, 2023 06:56:01