Banana Tree Ltd. issued 4,00,000; 9% Debentures of ₹ 50 each, payable on application. Pass Journal entries, at the time of issue of debentures in the following situations:
Banana Tree Ltd. issued 4,00,000; 9% Debentures of ₹ 50 each, payable on application. Pass Journal entries, at the time of issue of debentures in the following situations:
(i) Issued at par, redeemable at 10% premium,
(ii) Issued at 5% premium, redeemable at 10% premium.
Anurag Pathak Changed status to publish December 12, 2023