Accountancy, asked by shivanikumari24q, 3 months ago

1Unilink Ltd. had outstanding + 12,00,000, 9% debentures on 1st April, 2014 redeemable at
a premium of 8% in two equal annual instalments starting from 31st March, 2018. The
company bad a balance of $3,00,000 in Debenture Redemption Reserve on 31st March,
2017. Pass the necessary journal entries for redemption of debentures in the books of
Unilink Ltd for the year ended 31st March, 2018
TAns. Deb. Redem

Answers

Answered by Aravinf198

0

Answer:

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