Satish Ltd. purchased land and buildings costing 5,00,000 and as payment towards purchase price, allotted equity shares
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Satish Ltd. purchased land and buildings costing ₹5,00,000 and as payment towards purchase price, allotted equity shares of ₹10 each as fully paid. Pass journal entries in the books of Satish Ltd., if the company had issued shares at par, at a premium of 10% and at a discount of 10%.
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Date Journal Entries Particulars Shares issued at par Land and Bu...View the full answer
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