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Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture

Anurag Pathak
October 4, 2023
[CBSE] Issue of Debenture, TS Grewal Class 11

3.46K viewsOctober 4, 2023[CBSE] Issue of Debenture TS Grewal Class 11

Anurag Pathak28.35K October 4, 2023 0 Comments

Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture. The full amount was payable on application. Issue was subscribed and allotment was made.

Pass necessary Journal entries for the above transactions in the books of Narain Laxmi Ltd.

Anurag Pathak Changed status to publish October 4, 2023

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Anurag Pathak28.35K Posted October 4, 2023 0 Comments

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Anurag Pathak Changed status to publish October 4, 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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Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture

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Anurag Pathak

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Anurag Pathak

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