Accountancy, asked by student8098, 5 months ago

D Ltd. purchased machinery worth rs. 200000 from E ltd.on 1.1.2016 rs. 50000 were paid immediately and the balance was paid by issue of 160000 ,12 percent debenture in D Ltd. pass the necessary journal entries for recording the transaction in the book of D Ltd.

Answers

Answered by sourabhkumar38841

2

Answer:

Difference in value of debentures issued and amount due to E LTD is considered as discount on issue .

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