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Pass necessary journal entries relating to the issue of Debentures for the following: (a) Issued ₹ 4,00,000; 9% Debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium. (b) Issued ₹ 6,00,000; 9% Debentures of ₹ 100 each at par, repayable at a premium of 10%. (c) Issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a premium of 5%,redeemable at par. |
| Answer» PASS necessary journal entries relating to the issue of Debentures for the following:(a) Issued ₹ 4,00,000; 9% Debentures of ₹ 100 each at a premium of 8% REDEEMABLE at 10% premium.(B) Issued ₹ 6,00,000; 9% Debentures of ₹ 100 each at PAR, repayable at a premium of 10%.(c) Issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a premium of 5%,redeemable at par.Hope it HELPS be brainly | |