Accountancy, asked by rohitgautams2792, 6 months ago

(Q25) The X Ltd took over a machine of Rs 3,50,000 from Z Ltd.
Rs 50000 were paid in cash and remaining amount were paid in consideration of
equity shares of Rs 10 each issued at 20% Premium.
Give journal entries in the books of the X Ltd.

Answers

Answered by priyaag2102

0

JOURNAL ENTRIES IN THE BOOKS OF X LTD.

Explanation:

REFER TO THE ATTACHMENT FOR THE JOURNAL ENTRIES.

Attachments:

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