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Pass journal entries for the following :...

Pass journal entries for the following :
(i) X Ltd. purchased L and Building from R. Sundram for Rs. 5,00,000 payable in fullypaid shares of Rs. 100 each at a premium of 25 %.
(ii) Y Ltd. decided to issue 2,000 shares of Rs. 100 each to the Unit Trust of India as underwriting commission.

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(i) 4,000 shares of Rs. 100 each issued at Rs. 25 per share premium.
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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -PRACTICAL QUESTIONS
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  2. Vimal Ltd. purchased machinery of Rs. 9,90,000 from Kamal Ltd. The pay...

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  3. Pass journal entries for the following : (i) X Ltd. purchased L and ...

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  4. Tagore Ltd. purchased a running business from Tulsi Bros. for a sum of...

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  5. X Ltd. took over the following assets and liabilities of Y Ltd. : La...

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  6. Madhur Ltd. took over the assets of Rs. 3,90,000 and Liabilities of Rs...

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  7. X Ltd. issued 20,000, 7% Preference shares of Rs. 100 each at a premiu...

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  8. Shipra Limited invited applications for 80,000 shares of Rs. 10 each p...

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  9. On 1st February 2016, Raj Ltd. received in advance the first call of R...

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  10. A limited Company was registered with a capital of Rs. 5,00,000 in sha...

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  11. On 28-2-2016 the first call of Rs. 2 per share became due on 50,000 eq...

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  12. Jyoti Power Ltd. decided to issue 8,50,000 equity shares of Rs. 10 eac...

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  13. Govind Ltd., issued a prospectus inviting application, Rs. 5 on allotm...

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  14. X Ltd. issued shares for Rs. 20,00,000 divided into shares of Rs. 10 e...

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  15. A Company invited applications for 5,000 shares of Rs. 100 each. The a...

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  16. On October 1, 2018 X Ltd. offered 1,00,000 shares of Rs. 10 each payab...

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  17. X Ltd. was registerd with an authorised capital of 2,00,000 shares of ...

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  18. Alfa Ltd. issued 5,000 shares of Rs. 100 each at par. The amount payqa...

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  19. Dinesh Ltd. issued 5,000 shares of Rs. 100 each at par, payable as fo...

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  20. Fast Food Ltd. issued a propspectus offering 10,000 equity shares of R...

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