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Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10%

3.40K viewsOctober 7, 2023[CBSE] Issue of Debenture

Anurag Pathak28.60K October 7, 2023 0 Comments

Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10%.

Give Journal entries.

[Ans.: 10,000; 10% Debentures of ₹ 100 each.]

Anurag Pathak Changed status to publish October 7, 2023

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Anurag Pathak28.60K Posted October 7, 2023 0 Comments

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Anurag Pathak Changed status to publish October 7, 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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Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10%

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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