Goodluck Ltd purchased machinery costing Rs. 10,00,000 from Fair Deals Ltd. The company paid the price by issue of Equity Shares of Rs. 10 each at a premium of 25%.Pass necessary Journal entries for the above transactions in the books of Goodluck Ltd. – Swamonk EduCare

Goodluck Ltd purchased machinery costing Rs. 10,00,000 from Fair Deals Ltd. The company paid the price by issue of Equity Shares of Rs. 10 each at a premium of 25%.Pass necessary Journal entries for the above transactions in the books of Goodluck Ltd.

Post category:Accountancy
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