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Honey Ltd . Issued 10,000, 9% Debentures...

Honey Ltd . Issued 10,000, 9% Debentures of ₹ 100 each for subscription, payable ₹ 60 on applicaton and balance on allotment. Subcription was received for 9,000 debentures. Allotment was made and due amount was received .
Pass the Journal entries for issue and allotment of debentures.

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