+1 vote
in Class 12 by kratos

X Ltd issued 2,000 , 10% debentures of Rs. 100 each on 1.4.2017 at a discount or lUYo and redeemable at premium of 10%. Give journal entries relating to the issue of debentures and debenture interest of the ** ending March 31,2018 assuring that interest was paid half yearly on September30 and March 31 and tax deducted at source is 10%.

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+5 votes
by kratos
 
Best answer

Journal Entries

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