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Sunflower Ltd. issued 4,000, 8% Debentures of ₹ 200 each at a premium of 6% payable as ₹ 80 on application and ₹ 132 on allotment. Debentures are redeemable after 7 years. Record entries assuming all the money is duly received.

Anurag Pathak Answered question November 9, 2024
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