Priya Ltd. issued 25,00,000, 12% debentures of 10 each at a discount of 10% redeemable at...
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Priya Ltd. issued 25,00,000, 12% debentures of 10 each at a discount of 10% redeemable at par at the end of 10th year. Money was payable as follows: *4 on application *5 on allotment Record necessary journal entries regarding issue of debenture. Priya Ltd. issued 25,00,000, 12% debentures of 10 each at a discount of 10% redeemable at par at the end of 10th year. Money was payable as follows: *4 on application *5 on allotment Record necessary journal entries regarding issue of debenture.
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1 On the date of application Cash Ac Dr Being application money receive... View the full answer
Related Book For
Statistics Principles and Methods
ISBN: 978-0470904114
7th edition
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
Posted Date:
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