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Sargam Ltd. issued 1,00,000, 6% Debentures of Rs 10 each at a preminum of Rs 2 per debenture on 1st April, 2012. The issue was fully subscribed. Interest will be paid at the end of each financial year. Pass necessary journal entries. |
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Answer» Sargam Ltd. issued 1,00,000, 6% Debentures of Rs 10 each at a preminum of Rs 2 per debenture on 1st April, 2012. The issue was fully subscribed. Interest will be paid at the end of each financial year. Pass necessary journal entries. |
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