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Give entries in journal to record each of the following situations separately. Purchased of furniture& fixtures for Rs. 700,000 and issued 74,000 shares @ Rs.

Give entries in journal to record each of the following situations separately.

  1. Purchased of furniture& fixtures for Rs. 700,000 and issued 74,000 shares @ Rs. 10 each.
  2. Purchased Building for Rs. 320000 and issued 30000 shares at Rs. 10 each.
  3. The Co. issued 280,000 shares @ Rs. 10 at Rs. 12.5 each on cash.
  4. Issued 9,000 11% 7-year debenture of Rs. 100 each issued at Rs. 120 each.
  5. Issued 5,000 12% 3-year debenture of Rs. 100 each issued at Rs. 94.5 each.
  6. Issued 3,000 10% 5-year debenture of Rs. 100 each repayable at Rs. 125 each.

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