CUET Accountancy - 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? | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 1

Company Accounts

Easy

common

Vendor A/c Dr. 100000 To Bank A/c 100000

Bank A/c Dr. 100000 To Vendor A/c 100000

Share Capital A/c Dr. 100000 To Vendor A/c 100000

Vendor A/c Dr. 100000 To Share Capital A/c 100000

✅ Correct Option: 4

CUET Accountancy 2025 22 May Shift 1 PYQs