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Agam Ltd. issued 40,000, 9% debentures of ₹ 100 each on April 1, 2018 at a discount of 10%, redeemable at a premium of 10%.

Assuming that the interest was paid half yearly on September 30 and March 31, give journal entries for the half year ended March 31, 2019.

Anurag Pathak Answered question November 23, 2024
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