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Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years

4.78K viewsOctober 9, 2023[CBSE] Issue of Debenture

Anurag Pathak28.35K October 9, 2023 0 Comments

Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years. According to the terms of issue, ₹ 4 is payable on application and balance on allotment of debentures. Record necessary Journal entries regarding issue of debentures.

Anurag Pathak Changed status to publish October 9, 2023

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Anurag Pathak28.35K Posted October 9, 2023 0 Comments

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Anurag Pathak Changed status to publish October 9, 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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Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years

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Anurag Pathak

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Anurag Pathak

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