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Footfall Ltd.issues 10,000 Debentures of Pass necessary journal entries relating to the issue of Debentures for the following: (a) Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. (b) Issued ₹ 30,000; 10% Debentures of ₹ 100 each at a premium of 10% and redeemable at a premium of 15%. (c) Issued ₹ 80,000; 10% Debentures of ₹ 100 each at par repayable at a premium of 10%. 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years. Pass journal entries for the issue of these debentures. |
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Answer» (c) ISSUED ₹ 80,000; 10% Debentures of ₹ 100 each at par REPAYABLE at a premium of 10%. 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years.Pass JOURNAL ENTRIES for the issue of these debenturesHope it helps brainly |
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