Accountancy, asked by diamondzoya2, 6 months ago

28. Care Cosmetics Ltd. issued 50,000; 9% Debentures of * 10 each on 1st April, 2017 redeemable at a
premium of 10% after 10 years. According to the terms of issue 4 is payable on application and
balance on allotment of debentures. Record necessary Journal entries regarding issue of debentures.

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Answered by mahakkevlani02

29

Explanation:

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