Question

Satyam Ltd. invited applications for issuing 10.000 Equity Shares of 100 each at a
remium of 20 per share. The whole
r share. The whole amount was payable on application. The issue was
subscribed. Pass necessary Journal entries.
Ans. Share Capital A/c to be Credited by * 10,00.000 and Securities Premium A/c by
2,00,000.)​

Answer 1

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