Narain Laxmi Ltd. Invited applications for issuing 7,500, 12% Debentures of ₹ 100 each at a premium of ₹ 35 par debentures. The full amount was payable on application. Applicatrion were received for 10,000 Debentures. Allotment was made to all the application on pro rate.
Pass necessery Journal entries for the above transactions in the books of Narain Laxmi Ltd.

Vijay Laxmi Ltd. Invited applicatins for 10,000, 12% Debentures of ₹ 100 each at a premium of ₹ 70 per debentures. The full amount was payable on application. Application were received for 13,500 debentures. Applications for 3,500 debentures were rejected and application money was refunded, Debentures were allotted to the remaining applications. Pass necesseary Journal entries in the books of vijay Laxmi Ltd. for the above trnasactions.

Nav Lakshmi Ltd . Invited application for 3,000, 125 Debentures of ₹ 100 each at a premium of ₹ 50 per debenture. Full amount was payable o n application. Applications were received for 4,000 debentures,. Applications for 1,000 debentures were rejected and application money wes refunded. Debentures were allotted to the remaining applications. Pass necessary Journal enteries for the above transactions in the books of Nav Lakshmi 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.

Satyam Ltd. invited applications for issuing 10,000 equity shares of Rs 100 each at a premium of Rs 20 per share. The whole amount was payable on application. The issue was fully subscribed. Pass necessary journal entries .

X Ltd. decided to issue 75,000 equity shares of Rs. 10 each at a premium of 50%. The whole amount was payable on application. Applications for 2,00,000 shares were received. Applications for 5,000 shares were rejected and shares were allotted to the remaining applicants on pro-rata basis. Pass necessary Journal entries for the above transactions in the books of the company.

Jyoti Power Ltd. decided to issue 8,50,000 equity shares of Rs. 10 each at a premium of Rs. 3 per share. The whole amount was payable on application. Applications for 20,00,000 shares were received. Applications for 3,00,000 shares were rejected and shares were allotted to the remaining applicants on pro-rata basis. Pass necessary Journal entries for the above transactions is the books of the company.

ABC Ltd. Issued 10,000, 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures . Debentures were allotted and excess application money was refunded Pass. Journal entries in the books of the company.

Aspi Co. Ltd. Issued 20,000, 9% Debentures of ₹. 100 each at per payable on application by 1st April, 2019. Applications were received for 20,000 debentures. Debentures were allotted on 5th April, 2019. Pass necessary Journal enteries in the books of the company.

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.