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'Amrit Dhara Ltd.' Issued 800 Equity Shares of ₹ 100 Each at a Premium of 25% as Fully - Accountancy

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प्रश्न

'Amrit Dhara Ltd.' issued 800 Equity Shares of ₹ 100 each at a premium of 25% as fully paid-up in consideration of the purchase of plant and machinery of ₹ 1,00,000.
Pass entries in company's Journal.

रोजनामा प्रविष्टि
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उत्तर

Books of Amrit Dhara Limited
Journal

Date

Particulars

L.F.

Debit

Amount

(₹)

Credit

Amount

(₹)

 

Plant & Machinery A/c

Dr.

 

1,00,000

 

 

To Vendor A/c

 

 

 

1,00,000

 

(Machinery purchased)

 

 

 

 

 

 

 

 

 

 

 

Vendor A/c

Dr.

 

1,00,000

 

 

To Equity Share Capital A/c (800 × 100)

 

 

 

80,000

 

To Securities Premium A/c (800 × 25)

 

 

 

20,000

 

(Shares issued to vendor at a premium of ₹ 25 per share)

 

 

 

 

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अध्याय 1: Accounting for Share Capital - Exercise [पृष्ठ ११७]

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टीएस ग्रेवाल Accountancy - Double Entry Book Keeping Volume 2 [English] Class 12
अध्याय 1 Accounting for Share Capital
Exercise | Q 28 | पृष्ठ ११७
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