On 1st April 2021, Z Ltd. issued 50,000, 8% Debentures of ₹ 100 each at a discount of 6% redeemable at a premium of 10% after 4 years
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Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years
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Andy Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a premium of 5% redeemable at par
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Bumey Ltd. issued 7,000; 10% Debentures of ₹ 100 each at a premium of 5% redeemable at 110%
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Carzone Ltd. issued ₹ 80,00,000; 9% Debentures of ₹ 100 each at par and redeemable at 10% premium
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Auto Sales Ltd. issued ₹ 1,00,000; 9% Debentures of ₹ 100 each at a premium of 5% redeemable at par. Give Journal entries.
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Oaktree Ltd. issued 40,000; 9% Debentures of ₹ 50 each at a discount of 8% redeemable at par any time after 9 years. Record necessary Journal entries.
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Pine Tree Ltd. issued 75,000; 8% Debentures of ₹ 100 each, payable on application and redeemable at par
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Banana Tree Ltd. issued 4,00,000; 9% Debentures of ₹ 50 each, payable on application. Pass Journal entries, at the time of issue of debentures in the following situations:
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A company issued ₹ 1,00,000; 7% Debentures at par redeemable at 5% premium after 10 years
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