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(Issue of Shares to Promoters and Under...

(Issue of Shares to Promoters and Underwriters).
Dee Ltd. issued 2,500 shares of Rs. 10 each credited as fully paid to the promoters for the services rendered to incorporate the company and also issued 2,000 shares of Rs. 10 each credited as fully paid to the underwriters for their underwriting services. Journalise these transactions.

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Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs.10 each credited as fully paid-up to the underwriters of shares for their services. Journalise these transactions.

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