Issued ₹ 4,00,000, 9% debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium
Pass necessary Journal Entries relating to the issue of debentures for the following:
(i) Issued ₹ 4,00,000, 9% debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium.
(ii) Issued ₹ 6,00,000, 9% debentures of ₹ 100 each at par, repayable at a premium of 10%.
(iii) Issued ₹ 10,00,000, 9% debentures of ₹ 100 each at a premium of 5% redeemable at par.
Anurag Pathak Answered question 5 hours ago