Question

any de
45. Reliance Energy Ltd. issued 50,000 10% Debentures of 100 each payable as to 360 on
application and balance on allotment. Applications were received for 75,000 debentures out of
which applications for 40.000 were allotted fully, applications for 25,000 were allotted 10,000
debentures and remaining rejected. All sums due were received. Pass journal entries to record
above transactions.
[Ans. Amount received on allotment
15,00,000]
10,00€
7 year!​

Answer 1

Explanation:

SUBSCRIBE TO KWWKAA ON YOUTUBE OR YOUTUBE WILL KILL YOU