Question

2. Mahesh Enterprises Ltd. issued 1,000, 10% Debentures of 100 each payable as 40 01
Debentures Issued at Par
application, 730 on allotment and the balance on a call. Assuming that all the calls were
made and money due thereon realised, show the Journal entries.​

Answer 1

Answer:

Mahesh Enerprises Ltd.issued 1,000 ,10% Debentures of 100 each payble as 40 Debentures issued at par application,730 on allotment and the balance on a call.Assuming that all the calls were made and money due thereon realised ,show the journal entries