Business Studies, asked by ianushkagupta8506, 11 months ago

2nd PU commerce business study notes first chapter

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Answered by Anonymous

17

Explanation:

premium of 4%. Pass journal entries to record the above including redemption o

debentures.

[Ans. Goodwill *10,000; Debentures issued : 6,000 Debentures of 100 each

Debenture Redemption Investment 90,000; Debenture Redemption Reserve create

for 1,50,000 and transferred to General Reserve.]

Redemntion of Debentures in Instalments by Drawing of Lots :

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