W Ltd. issued 2,000, 14% Debentures of Rs. 100 every at rebate of 5%, the markdown being customizable on portion. The debentures were payable as takes after:
On Application – Rs. 25
On Allotment – Rs. 20
On First and Final Call – Rs. 50
The debentures were completely subscribed and the cash were appropriately gotten. Demonstrate the money book and diary sections and set up the asset report of the organization.