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Pass necessary Journal entries in the books of Kotak Finance Ltd., a listed NBFC, for issue and redemption of Debentures in the following cases:

732 viewsNovember 2, 2023Redemption of Debentures

Anurag Pathak27.46K November 2, 2023 0 Comments

(i) 2,500, 8% Debentures of ₹ 100 each at a premium of ₹ 10, repayable at par.

(ii) 2,500, 7% Debentures of ₹ 100 each at a premium of 10%, repayable at premium of ₹ 10.

Anurag Pathak Changed status to publish November 2, 2023

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Anurag Pathak27.46K Posted November 2, 2023 0 Comments

Solution:-

Case – I

Case – II

Anurag Pathak Changed status to publish November 2, 2023

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Pass necessary Journal entries in the books of Kotak Finance Ltd., a listed NBFC, for issue and redemption of Debentures in the following cases:

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Anurag Pathak

1 Answer

Anurag Pathak

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