0
Zed Ltd. issued 2,00,000, 8% debentures of ₹ 100 each at a discount of 6% redeemable at a premium of 10% after 5 years. The amount was payable as follows:
On Application ₹ 50 per debentures and
On Allotment balance
Record the necessary journal entries for the issue of debentures in the books of Zed Ltd. [Ans. Loss on Issue ₹ 32,00,00
Anurag Pathak Answered question November 23, 2024
Add a Comment