If 100 bonds are purchase @ 95 each of face value 100 each what entry will be passed
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i hope this is the answer
purchase entry is 95.100=9500
selling entry is 100,000
sam5818:
Bhai entry puch ra hu
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Investment in Bond account debited Rs. 9500 Bank account is credited Rs. 9500 (Being 100 Bond Face value 100 purchase@95 each)
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