Suvidha ltd purchased machinery worth rs 198000 from, Financial Accounting

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Suvidha ltd purchased machinery worth rs 198000 from

Suvidha Ltd. purchased machinery worth Rs 1,98,000 from Suppliers Ltd. The payment was made by issue of 12% debentures of Rs 100 each. Pass the necessary journal entries for the purchase of machinery and issue of debentures when:

(i) Debentures are issued at par;

(ii) Debentures are issued at 10% discount; and

(iii) Debentures are issued at 10% premium

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Financial Accounting: Suvidha ltd purchased machinery worth rs 198000 from

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Financial Accounting: Suvidha ltd purchased machinery worth rs 198000 from

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