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Best Barcode Ltd. took a loan of Rs. 5,00,000 from a bank giving Rs. 6,00,000; 9% Debentures as collateral security.

+3 votes

asked Oct 31, 2018 in Class 12 by kratos

Best Barcode Ltd. took a loan of Rs. 5,00,000 from a bank giving Rs. 6,00,000; 9% Debentures as collateral security. Pass journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company.

issue of shares and debentures
issue of debenture
issue of debentures
class-12
company accounts

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1 Answer

+5 votes

answered Oct 10, 2020 by kratos

Best answer

Balance sheet of Best Barcode Ltd

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