Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of Rs. 10 each at a
Channel: Doubtnut
Date: 2020-04-26

Pushkar Ltd. invited applications for issuing 5,00,000 equity shares of Rs. 10 each at apremium of Rs. 3 per share. The whole amount was payable on application. The issue was fully subscribed.  Pass necessary journal entries.