Accountancy, asked by sakshi328660, 3 months ago

B.pharam Ltd purchase Machinery worth 100000 from d .Pharma ltd.55000 was paid by issue of 8%prefernce shares of 10 each at premium of 10% the balance was paid in the cash by cheque pass necessary journal entries in the books of B Ltd.

Answers

Answered by Anonymous

5

Answer:

Explanation:

Machinary a/c dr 100000

To preference cap 50000

To seu premium. 5000

To cash 45000

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