Ram Limited purchased assets of 10,00,000 from Rahul Limited. The company issued equity shares of 10 each
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Ram Limited purchased assets of ₹10,00,000 from Rahul Limited. The company issued equity shares of ₹10 each fully paid up to the satisfaction of their claim. Pass journal entries to record these transactions.
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To record the purchase of assets from Rahul Limited by Ram Limited and the issuance of fully paidup ...View the full answer
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