Chinese, asked by mhatresoham0, 5 months ago

Q2. Sainath Industries Ltd., Vashi issued 20,000 15% debentures of Rs.10 each
payable at Rs.3 on application , Rs.4 on allotment and the balance on first call.
Applications were received for all 25,000 debentures out of which applications for 5,000
debentures were rejected and money refunded. All dues received on time.
Pass Journal Entries in the books of Sainath Industries Ltd.​

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Answered by itsmepapakigudiya
5

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