max ltd issued 5000 8 %debentures of rs 100 each at a premium of 10% basu had underwriting the subscription at a commission of 5

max ltd issued 5000 8 %debentures of rs 100 each at a premium of 10% basu had underwriting the subscription at a commission of 5 percent payable by issue of 8 percent debentures at a premium of 10 percent .

pass journal entries

max ltd issued 5000 8 %debentures of rs 100 each at a premium of 10% basu had underwriting the subscription at a commission of 5 percent payable by issue of 8 percent debentures at a premium of 10 percent pass journal entries

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