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Alok Ltd. Issued 7,000, 10% Debentures o...

Alok Ltd. Issued 7,000, 10% Debentures of ₹500 each at a premium of ₹ 50 par debenture redeemable at a premium of 10% after 5 years. According to the terms fo issue, ₹ 200 was payable on application and balance on allotment.
Record necessary Journal entries as the time of issue of 10% Debentures.

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TS GREWAL-COMPANY ACCOOUNT -ISSUE OF DEBENTURES-Exercise
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  18. Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took ov...

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  19. R Ltd. Purchased the assets of S Ltd. For ₹ 5,00,000. It also agree...

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