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Rocky Ltd. Pruchased building for ₹ 22...

Rocky Ltd. Pruchased building for ₹ 22,00,000. Half the payment was made by cheque and the balance half by issue of 9% Debentures of ₹ 100 each at a premium of 10%. Pass necessary Journal entries.

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Note: Number of Debentures issued = `(₹ 22,00,000 - ₹ 11,00,000)/(₹ 110) = 10,000` Debentures.
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