X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months.Pass Journal entries.

X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount

1.	X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months.Pass Journal entries.
Answer» X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months. Pass Journal entries.

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X Ltd . issued 12,000; 8% Debentures of ​₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months.Pass Journal entries.

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X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months.Pass Journal entries.