shaalaa.com
S

Solution - Issue of Debentures at Par at Premium and at Discount

Account
User


Login
Register


      Forgot password?
Share
Notifications

View all notifications
Books Shortlist
Your shortlist is empty

Question

Joshi - Patil Ltd. issued 2,000, 10% debentures of Rs. 100 each, payable Rs. 20 on application and the balance on allotment.

Company received applications for 2,500 debentures, out of which applications for 2,000 were alloted fully and remaining applications were rejected and the money refunded.

Journalise the above transactions, assuming that all the sums were received.

This question doesn't have a solution currently. Please check again in a few days.
Is there an error in this question or solution?

Appears in these question papers

Solution for concept: Issue of Debentures at Par at Premium and at Discount. For the courses HSC Arts, HSC Commerce, HSC Commerce (Marketing and Salesmanship)
S