The following transactions related to Almas Co. Ltd.1. The Company offered 50,000 shares of Rs. 10 each at Rs. 14. The Companyreceived application for 63,000 shares. The Company finalized the allotment and theexcess money was refunded.3. The Company purchased land worth 5,00,000 and issued 45,000 shares of Rs. 10each to vendor.4. The Company purchased machine and in consideration there of issued 16,000share of Rs. 10 each. The market price of the share was Rs. 12.50.5. The Company issued 2,000 debentures of Rs. 100 each at per repayable after fiveyears at 5% redemption premium.6. The Company issued 1,000 debentures of Rs.100 each at Rs. 95 repayable afterfive years at Rs. 105.Required Record the above transactions in the General Journal of the Company.
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