Question

5) During the year 2014-15, Anderson Ltd. Issued 12% Debentures of Rs.100 each, as per
the details given below:
a) 900 Debentures issued as collateral security to a bank against a loan of Rs.60,000.
b) The underwriters were to be paid a commission of Rs.48,000.25% of the amount
was paid to them in cash and balance was paid by the issue of Debentures at a
discount of 10%, to be redeemed at par.
c) A machine was purchased for Rs. 2,18,500. The vendor was paid by the issue of
Debentures at a premium of 15%, to be redeemed at par.
d) 5,000 Debentures were issued to the public at 5% premium, to be redeemed at a
premium of 5%.​

Answer 1

this the solution ok