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HC (Full amount is payable alongwith application) XYZ Limited issued 1,00,000, 9% Debentures of $100 each. The whole amount was payable along with application money.

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(Full amount is payable alongwith application) XYZ Limited issued 1,00,000, 9% Debentures of $100 each. The whole amount was payable along with application money. All the debentures were applied for and alloted. Pass necessary Journal Entries

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