Gupta Ltd. issued 1,000 equity shares of Rs. 100 each as fully paid-up, to the vendor, in consideration of the purchase of plant and machinery worth…
CUET UG 2025 — Accountancy Company Accounts
Gupta Ltd. issued 1,000 equity shares of Rs. 100 each as fully paid-up, to the vendor, in consideration of the purchase of plant and machinery worth Rs. 1,00,000. Which of the following entry will be recorded in the company's journal for it?
Held on 22 May 2025 · Verified 13 Jul 2026.
Options
- A
Vendor A/c Dr. 100000 To Bank A/c 100000
- B
Bank A/c Dr. 100000 To Vendor A/c 100000
- C
Share Capital A/c Dr. 100000 To Vendor A/c 100000
- D
Vendor A/c Dr. 100000 To Share Capital A/c 100000
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