Pass the necessary Journal entries for the issue of 7% debentures in the following cases: 100 debentures of ₹ 100 each issued at ₹ 105 each repayable at ₹ 100 each
Pass the necessary Journal entries for the issue of 7% debentures in the following cases:
(i) 100 debentures of ₹ 100 each issued at ₹ 105 each repayable at ₹ 100 each.
(ii) 100 debentures of ₹ 100 each issued at ₹ 100 each repayable at ₹ 105 each.
(iii) 100 debentures of ₹ 100 each issued at ₹ 105 each repayable at ₹ 108 each.
Ignore writing off loss on issue of debentures.
Anurag Pathak Answered question 11 hours ago