Managerial Accounting Journal Entries

Liability Side
Dr
Cr
equity shares to financial institutions at 10rs.
9400000
equity shares at 10rs.
6478320
Share capital
15878320
(Bein recived money for
Equity share premium 15rs.
9717480
Capital Reserves
9717480
11% privately placed debentures of rs. 1000
11% privately placed debentures of rs. 500
Debenture capital
Asset Side
Bank A/C
equity shares to financial institutions
equity shares at premium
Bank A/C
11% privately placed debentures of rs. 1000
11% privately placed debentures of rs. 500

2464000
70000000
70246000

25595800
9400000
16195800
70246000
2464000
70000000

Liability Side
Dr
9.75% placed non-convertible debentures
9.75% placed non-convertible debentures
9.75% placed non-convertible debentures
Debenture capital

Cr
5000
5000
5000
15000

Asset side
Bank A/C
9.75% placed non-convertible debentures
9.75% placed non-convertible debentures
9.75% placed non-convertible debentures

15000
5000
5000
5000