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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
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