Drumbeats Ltd., an unlisted (Non-NBFC/HFC) company, has 1,00,000; 8% Debentures of ₹ 50 each due for redemption in five equal instalments starting from 30th June, 2022
Drumbeats Ltd., an unlisted (Non-NBFC/HFC) company, has 1,00,000; 8% Debentures of ₹ 50 each due for redemption in five equal instalments starting from 30th June, 2022. Debenture Redemption Reserve has a balance of ₹ 1,00,000 on that date. Pass Journal entries.
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