Auto Sales Ltd. issued ₹ 1,00,000; 9% Debentures of ₹ 100 each at a premium of 5% redeemable at par. Give Journal entries.

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.