₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par

4.06K viewsOctober 9, 2023[CBSE] Issue of Debenture

Anurag Pathak28.65K October 9, 2023 0 Comments

Pass necessary Journal entries for the issue of debentures in the following cases:

(a) ₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par

(b) ₹ 70,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at ₹ 110.

Anurag Pathak Changed status to publish October 9, 2023

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Anurag Pathak28.65K Posted October 9, 2023 0 Comments

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₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par

1 Answer

Anurag Pathak

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Anurag Pathak

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