Question - 10

A company issued 1,000, 6% debentures of Rs. 100 each at Rs. 110 payable as follows:

Rs. 30 on application (including premium Rs. 5), Rs. 30 on allotment (including premium Rs. 5), Rs. 50 on first and final call all the debentures were applied for and allotted all money was duly received give necessary journal entries.

NOTE : Please purchase the book for looking question.