M.H.K. Ltd. issued 5,000 equity shares on 1st April, 2017 under Employees Stock Purchase Scheme at 100
Question:
M.H.K. Ltd. issued 5,000 equity shares on 1st April, 2017 under Employees Stock Purchase Scheme at ₹100 when the market price was ₹170 and face value was ₹10. Pass journal entries to record the above transactions.
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Here are the journal entries to record the issuance of 5000 equity shares under the Employees Stock ...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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