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On 1st April, 2018, Sakshi Ltd. issued 1,000, 11% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 5% after three years.

3.69K viewsOctober 9, 2023[CBSE] Issue of Debenture

Anurag Pathak28.65K October 9, 2023 0 Comments

Pass the necessary Journal entries for the issue of debentures in the books of Sakshi Ltd.

[Ans.: Loss on issue of Debentures – ₹ 11,000; Premium of Redemption of Debentures – ₹ 5,000.]

Anurag Pathak Changed status to publish October 9, 2023

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Anurag Pathak28.65K Posted October 9, 2023 0 Comments

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Anurag Pathak Changed status to publish October 9, 2023

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Anurag Pathak

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On 1st April, 2018, Sakshi Ltd. issued 1,000, 11% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 5% after three years.

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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