Nandan Ltd. issued ₹ 90,000, 12% debentures of ₹ 100 each at a discount of 5% redeemable at 110%

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Anurag Pathak28.60K 12 hours ago 0 Comments

Journalise the following transactions at the time of issue of debentures:

(a) Nandan Ltd. issued ₹ 90,000, 12% debentures of ₹ 100 each at a discount of 5% redeemable at 110%.

(b) Winona Ltd. issued ₹ 80,000, 11% debentures of ₹ 100 each at a premium of 5% redeemable at a premium of 10%.

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Nandan Ltd. issued ₹ 90,000, 12% debentures of ₹ 100 each at a discount of 5% redeemable at 110%

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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