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CCC Ltd. purchased its own 2,000; 11% Debentures of Rs.100 each redeemable at 10% premium @Rs.

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asked Jan 10, 2019 in Class 12 by kratos

CCC Ltd. purchased its own 2,000; 11% Debentures of Rs.100 each redeemable at 10% premium @Rs.103 per debenture for immediate cancellation. Pass necessary Journal entries for purchase and cancellation of debentures.

class-12
redemption of debentures
company account

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1 Answer

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answered Jan 9, 2021 by kratos

Best answer

Journal Entrice

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