Student Community

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.

3.36K viewsOctober 9, 2023[CBSE] Issue of Debenture

Anurag Pathak28.35K 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

Add a Comment

1 Answer

Anurag Pathak28.35K Posted October 9, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish October 9, 2023

Add a Comment

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.

Articles: 8060

Telegram Channel

Telegram Channel

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

Related Questions