24.
nes for the above transactions.
DD Ltd. issued 6,000,8% Debentures of 200 each at par on 1st Ap
in three equal annual instalments by draw of lots beginning 31st M
with the legal requirements with respect to DRR and investment
1st April of each financial year).
at par on 1st April, 2013 redeemable at 10% premium
beginning 31st March, 2016. The company complied
vestment (made in Government Securities on
Pass necessary Journal entries and prepare ledger accounts. Ignore in
ore interest paid or received.
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