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Bharat Limited purchased plant and machinery for 20,00,000 rupees from Delhi machines limited by paying 5,00,000 Rupees by cheque and balance by issue of 11%
Bharat Limited purchased plant and machinery for 20,00,000 rupees from Delhi
machines limited by paying 5,00,000 Rupees by cheque and balance by issue of 11%
debentures of rupees 100 each at a premium of 20%. Pass necessary entry in the books
of Bharat Ltd. for the above transactions. Pass necessary entries in the books of Bharat
Limited for the above transactions
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