X ACCOUNTANCY CLS 12 ae50c855d8c0dbc1b5729621ad629ac7.pat - Adobe Acrobat Reader DC File Edit View Sign Window Help Home Tools DisplayStatement.pdf ACCOUNTANCY CL... X Sign In 2 5 / 9 138% - ? Search 'Measure D. Export PDF 20. i. Modern Ltd purchased Plant & Machinery of the value of 2,50,000 and took over creditors of 40,000 and issued 12% debentures of 1,000 each at a premium of 5% to Adesha Ltd on April 1, 2019. It also issued 40,000 12% debentures for public subscription on December 1" 2019 at a discount of 5% redeemable after four years. Subscriptions were received for 38,000 debentures. It had a balance of 2,00,000 in Securities Premium Reserve as on March 31, 2019. Pass journal entries for the transactions with Adesha Ltd, writing off Discount on issue of debentures and the transfer of interest on Debentures to Statement of Profit & Loss for the year ended 31st March, 2020. (6) Adobe Export PDF Convert PDF Files to Word of Excel Online Select PD file ACCOUNTA...29ac7.dt Convert to Microsoft Word (.doc Document Language: English (US) Change Convert 21. Reliable Ltd was registered with an authorised capital of 20,00,000 in 10 per share. It invited applications for issuing 1,00,000 equity shares at a premium of 2 per share. The amount was payable as follows: On application 4 (including premium) On allotment 3 Balance on call Applications were received for 1,30,000 shares and pro-rata allotment was made on 1,20,000 shares. Excess amount received on application is adjusted towards allotment. Sandhya who has applied for 900 shares failed to pay allotment and call money. The company forfeited her shares and reissued 500 shares as fully paid for 9 per share. Pass Journal Entries in the books of Reliable Ltd. (8) (OR) 2 Edit PDF Create, edit and sign PDF forms & agreements Tree 7-Day Trial i. Fill in the blanks: Type here to search O 14) ENG 12:14 AM 18/12/2020 19