+1 vote
in Class 12 by kratos

Pass Journal Entries to record the Issue of Debentures in the following cases:

a. 5000 15% debenture of Rs.100 each issued at Discount of 5% and redeemable at premium at 5% after 5 years.

b. 10000 15% debenture of Rs.100 each issued at a premium of 10% and redeemable at par after 6 years.

1 Answer

+1 vote
by kratos
 
Best answer

Journal Entries

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