dixit ltd. issued 15000, 12% prefrence share or r.s 10 each to public all amount were recevid in lump -sum. pass journal entires
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23
share application -Dr 150000
To 12% pref.shares A/c 150000
Answered by
14
Answer:
Explanation:
Bank a/c dr 150000
to 12% preference share ac150000
12% preference share ac Dr150000
to preference share capital ac150000
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