Question: A Ltd . Issued A Ltd. issued 5,000. 10% debentures of Rs.100 each, at a premium of Rs. 10 per 1 debenture payable as follows:

A Ltd . Issued A Ltd . Issued A Ltd. issued 5,000. 10% debentures of Rs.100

A Ltd. issued 5,000. 10% debentures of Rs.100 each, at a premium of Rs. 10 per 1 debenture payable as follows: On application Rs.25 On allotment Rs.45 (including premium) On first and final call Rs.40 The debentures were fully subscribed and all money was duly received. Record the necessary entries in the books of the company. Show how the amounts will appear in the balance sheet

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