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ABC Lemited issured Rs 10,000 12% debentures of Rs 100 each payable Rs 30 on application and remaining amount on allotment.The public applied for 9000 debentures which were fully allotted and all the relevant allotment money was duly received . Give jornal entries in the books of ABC Ltd., and exhibit the relevent infromation in the blance sheet.

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Journal entries in the books of ABC Ltd., and exhibit the relevant information in the balance sheet.

Journal entries

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