Student Community

Amrit Ltd. issued 1,000, 6% Debentures of ₹ 100 each to Amit and Bhaskar (Promoters) each for their services in incorporating the company

2.32K viewsOctober 7, 2023[CBSE] Issue of Debenture

Anurag Pathak25.51K October 7, 2023 0 Comments

Amrit Ltd. issued 1,000, 6% Debentures of ₹ 100 each to Amit and Bhaskar (Promoters) each for their services in incorporating the company.

Pass Journal entry.

[Ans.: Dr. Incorporation Expenses or Preliminary Expenses A/c and Cr. 6% Debentures A/c by ₹ 2,00,000.]

Anurag Pathak Changed status to publish October 7, 2023

Add a Comment

1 Answer

Anurag Pathak25.51K Posted October 7, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish October 7, 2023

Add a Comment

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.

Articles: 7248

Telegram Channel

Telegram Channel

Amrit Ltd. issued 1,000, 6% Debentures of ₹ 100 each to Amit and Bhaskar (Promoters) each for their services in incorporating the company

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions