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Bharat Ltd. was formed with an authorised capital of 40,00,000 divided into equity shares of 10 each. (i) The company issued 5,000 shares to its promoters as remuneration for services rendered by them at par. (ii) Company also issued shares at 10% premium to Ram & Co. for the purchase of Assets of ₹ 5,50,000. Pass journal entries to record these transactions.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Bharat Ltd. was formed with an authorised capital of 40,00,000 divided into equity shares of 10 each. (i) The company issued 5,000 shares to its promoters as remuneration for services rendered by them at par. (ii) Company also issued shares at 10% premium to Ram & Co. for the purchase of Assets of ₹ 5,50,000. Pass journal entries to record these transactions.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bharat Ltd. was formed with an authorised capital of 40,00,000 divided into equity shares of 10 each. (i) The company issued 5,000 shares to its promoters as remuneration for services rendered by them at par. (ii) Company also issued shares at 10% premium to Ram & Co. for the purchase of Assets of ₹ 5,50,000. Pass journal entries to record these transactions.?.

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