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Building a/c .... Dr 10,00,000 To Bank a/c. 1,00,000 To Equity share capital a/c 7,50,000 To Securities premium a/c 1,50,000 Here balance amount (10,00,000 - 1,00,000) will be raised by equity shares issued at premium of Rs 2 i.e,, Rs 12 Hence (9lac/12 = 75,000 shares) for which nominal value should be credited to equity share capital and premium should be credited to Securities premium.