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( Issue of Shares at Premium, Fully Subs...

( Issue of Shares at Premium, Fully Subscribed, Amount Payable in Lump Sum).
Why Ltd. issued 20,000 Equity Shares of Rs. 10 each at a premium of Rs. 2 payable along with the application. All the shares were applied and duly allotted. Pass necessary Journal entries and also draw the Balance Sheet of the Company.

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