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Akai Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application

388 viewsDecember 12, 2023[ISC] Issue of Debentures

Anurag Pathak25.51K December 12, 2023 0 Comments

Akai Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures. Debentures were allotted and excess application money was refunded. Pass Journal entries in the books of the company.

Anurag Pathak Changed status to publish December 12, 2023

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Anurag Pathak25.51K Posted December 12, 2023 0 Comments

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Anurag Pathak Changed status to publish December 12, 2023

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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Akai Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application

1 Answer

Anurag Pathak

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Anurag Pathak

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