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Rajat Ltd. purchased the business of Modern Stores for ₹ 10,00,000 payable in fully paid Equity Shares of ₹ 100 each

660 viewsMarch 10, 2024[ISC] Accounting for Share Capital

Anurag Pathak28.60K March 3, 2024 0 Comments

Rajat Ltd. purchased the business of Modern Stores for ₹ 10,00,000 payable in fully paid Equity Shares of ₹ 100 each. Pass Journal entries in the books of Rajat Ltd., if such issue is (i) at par; and (ii) at a premium of 20%.

Anurag Pathak Changed status to publish March 10, 2024

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Anurag Pathak28.60K Posted March 3, 2024 0 Comments

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Anurag Pathak Changed status to publish March 3, 2024

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