Nipa Limited issued Rs. 10,00,000 Debentures of Rs. 100 each at a premium of 10%, payable 25% on application (including premium) and the balance on allotment. The debentures were applied for and the amount was dully received. You are required to give Journal entries and prepare Cash Book. – Swamonk EduCare

Nipa Limited issued Rs. 10,00,000 Debentures of Rs. 100 each at a premium of 10%, payable 25% on application (including premium) and the balance on allotment. The debentures were applied for and the amount was dully received. You are required to give Journal entries and prepare Cash Book.

Post category:Accountancy
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