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QUESTION 19 A Ltd company having share capital of 25,000 equity shares of 10 each decides to issue rights share at the ratio of 1

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QUESTION 19 A Ltd company having share capital of 25,000 equity shares of 10 each decides to issue rights share at the ratio of 1 for every 4 shares held at par value. Assuming all the share folders accepted the rights issue and all money was duly received, pass journal entries in the books of the company

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