KTR Ltd., issued 365, 9% Debentures of ₹ 1000 each on 4-3-2016. Pass necessary Journal entries for the issue of debentures in the following situations
KTR Ltd., issued 365, 9% Debentures of ₹ 1000 each on 4-3-2016. Pass necessary Journal entries for the issue of debentures in the following situations:
(a) When debentures were issued at par redeemable at a premium of 10%
(b) When debentures were issued at 6% discount redeemable at 5% premium.
Anurag Pathak Answered question November 22, 2024