Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10%
Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10%.
Give Journal entries.
[Ans.: 10,000; 10% Debentures of ₹ 100 each.]
Anurag Pathak Changed status to publish October 7, 2023