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Pass Journal entries in the following cases:

(a) Andy Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a premium of 5% redeemable at par.

(b) Grant Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a discount of 10% redeemable at par.

(c) Steve Ltd. issued 4,000; 12% Debentures of ₹ 100 each at par redeemable at 10% premium.

(d) Mark Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a discount of 5% and redeemable at 5% premium.

(e) Sam Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a premium of 10% redeemable at 110%.

Anurag Pathak Changed status to publish December 12, 2023
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