vishwas Ltd. Issued 2,000, 9% Debentures of ₹ 100 each payable as follows:
₹ 25 on application, ₹ 25 on allotment and ₹ 50 on first and final cell.
Applications were received for all the debentures along with the application money and allotment was made. Call money was also received on the due date .
Pass necessary Journal entries in the books of the company.

Raj Ltd. Issued 5,000, 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: ₹ 10 0n application, ₹ 20 along with premium on allotment and balance on first call. Pass necessary Journal entries.

Hammer Ltd. Issued 4,000, 10% Debentures of ₹ 100 each, Payable ₹ 20 on application and balance amount on allotment. The debentures are redeemable after 5 yea₹. Application were received for the issued debentures and allotment was made to all the applicants. The amount was received on due dates. Pass the Journal entries and prepare the Balance Sheet.

Lemon Tree Ltd. Issued 5,000, 9% Debentures of ₹ 100 each at a premium of 20% payable: On Application - ₹ 50, On Allotment - Balance. Applications were received for the debentures issued and also the amount due on allotment. Pass the Juurnal entries for the above.

X Ltd issued 12,000, 8% Debentures of ₹ 100 each ar a discout of 5% payable as 25 % on application: 20% on allotment and balance after three months. Pass Journal entries.

Better Prospect Ltd. acquired land costing Rs. 1,00,000 and in payment allotted 1,000 Equity Shares of Rs. 100 each as fully paid. Further, the company issued 4,000 Equity Shares for subscription payable as follows: Rs. 30 on application, Rs. 30 on allotment, Rs. 40 on first and final call. Applications were received for all shares which were allotted. All the money was received except the call on 200 shares. Pass Journal entries and prepare Balance Sheet of the company.

Exe Ltd. Issued 10,000, 9 % Debentures of ₹ 100 each at a premium of 10% payable ₹ 25 on application, ₹ 35 on allotment (including Premium) and the balance on fi₹t and final call. Applications were received for 15,000 debentures. Allotment was made on pro rate basis excess application money being applied towerds amount due on Allotment. All sums due were received by the company on due dates. Journalise the above transactions in the books of Exe Ltd. and prepere extract of the Balance Sheet showing Securities Premium Reserve and Debentures.

(Issue of Shares at Par, Oversubscription and Pro rata Allotment). Kirloskar Ltd. issued 20,000 shares of Rs. 10 each, payable Rs. 4 on application, Rs. 3 on allotment and Rs. 3 on first and final call. Applications were received for 25,000 shares. The company decided to allot 20,000 shares on pro rata basis and surplus of application money was utilised for allotment money due. Pass Journal entries assuming that the amounts due were received. Also, show share capital in the Balance Sheet of the company.

Eastern Company Limited issued 40,000 shares of Rs. 10 each to the public for the subscription out of its share capital, payable as Rs. 4 on application, Rs.3 on allotment and the balance on Ist and final call. Applications were received for 40,000 shares. The company made the allotment to applicants in full. All the amounts due on allotment and first and final call were duly received. Give the journal entries in the books of the company.

Citizen Watches Ltd. invited applications for 50,000 shares of Rs. 10 each payable Rs. 3 on application, Rs. 4 on allotment and balance on first and final call. Applications were received for 60,000 shares. Applications were accepted for 50,000 shares and remaining applications were rejected. All calls were made and received except First and Final call on 500 shares. Pass the Journal entries in the books of Citizen Watches Ltd.

Intex Ltd . Issued 10,000, 10% Debentures of ₹ 100 each at a primium of 10%, Payable along with application. Application were received for all the debentures issued and allotment was made. Pass the Journal enteries.