Accountancy, asked by student8098, 9 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 .

Previous Question

Next Question

Similar questions

Music, 4 months ago

what does it mean to polish a song...

English, 4 months ago

solve for X : 2x/x-3 + 1/2x+3 + 3x+9/(x-3) (2x+3)= 0 ...

Math, 4 months ago

4. 80000000+5000000+80000+70+2=...

English, 9 months ago

Discuss is done to M.D. sir to next week night shift changed the forman correct sentence...

Math, 9 months ago

area 4. Find the of a triangle two sides of which are 18 cm and 10 cm and the perimeter is 42 cm. Acm ...

Science, 1 year ago

Q.I.B. Match the following. Part of the eye 1) Ciliary muscles 2) Cornea 3) Iris 4) Lens 5) Pupil 6) Optic nerves 7) Retina 8) Suspensory Ligaments Function a) let light into the eye & began focussing b) controls the amount of light entering eye. c) holds the lens in place. d) focuses light onto retina e) lets light through to the lens f) sends signals to the brain g) pulls the lens for...

Social Sciences, 1 year ago

Which country has agreed to halt its nuclear tests and ICBMlaunches? A) China B) Iran North C) Korea D) Russia...

English, 1 year ago

The boy is my cousin. The boy is sitting behind me. [combine using a relative clause]...