A ltd purchased machinery worth Rs.198000 from B ltd.The payment was made by issue of 8% debentures of Rs.100 each.pass necessary journal entries for purchase of machinery and issue of debentures when.
a)Debentures are issued at par
B)debentures are issued at 10% discount and
c)debentures are issued at 10% premium
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JOURNAL ENTRIES IN THE BOOKS OF A LTD.
Explanation:
REFER TO THE ATTACHMENT FOR THE JOURNAL ENTRIES.
Attachments:
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