Question

03. I Ltd. issued 5,000, 12% Debentures of 100 each at a premium of 5
On Application
On Allotment
unable as follows:
830 (including premium)
40
On ist and Final Call The balance amount
Applications were received for 6,000 debentures and allotment was made pro-rata
mal applicants. All the moneys were duly received. Pass necessary journal entries.
Jans. Cash at Bank 25,25,000. Cash received on allotment 31,70,000 and on first
(1,75,000.]​

Answer 1

Answer:

India is a decomposer and a kind that group is the correct way of a business and I think that is the first