Ashutosh Limited issued 3,000, 11% debentures of 100 each to the public payable
company.
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as 20 on application; 2 30 on allotment ; * 25 on first call and * 25 on Second and
final call. Give necessary journal entries in the books of the company assuming the
all the amounts have been duly received.
(ANS. Cash Received 3 Lakhs
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(ANS. Cash Received 3 Lakhs
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