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Board of directors of Design Bank Ltd want to start a new unit at a remote area of Bihar, The new unit can be started in the form of labour intensive unit with a capital of Rs. 30,00,000 or in the form of automatic plant with capital of ? 80 00 000 Directors decided to start this unit in the form of labour intensive for generation of employment opportunities in the remote area. Therefore, company purchased land for Rs. 6,00,000 and machinery for Rs. 8,00,000 In consideration of these assets, company issued 6,000 shares of Rs. 100 each at a premium of 25% and 6,500 debentures of Rs. 100 each. Identify the two values involved in the decision of directors of Design Bank Ltd and journalise the transactions.

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