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Journalise the following transactions:

(a) X Ltd. issues ₹ 2,00,000, 12% Debentures at a discount of 5% redeemable at par.

(b) Y Ltd. issues ₹ 5,00,000, 11% Debentures at a discount of 5% redeemable at a premium of 7%.

Anurag Pathak Answered question November 23, 2024
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