Question

A Ltd. issued 20,000, 12% debentures of 10 each at a premium of 20% redeemable at a premium
of 10%.​

Answer 1

## A LTD.issued 20000,12 % debentures of 10 each at a premium of 20% redeemable at a premium of 10% .

##At the time of issue of debentures:-

@ Bank a/c Dr. 240000

To 12% debentures application and allotment a/c 240000

( amount received )

@ 12% debentures application and allotment a/c Dr. 240000

loss on issue of debenture a/c Dr. 20000

To 12 % debentures a/c 200000

To security premium a/c. 40000

To premium on redemption a/c 20000

( amount transferred to debenture a/c)

##At the time of redemption of debentures :-

@12% debenture a/c. Dr. 200000

premium on redemption a/c. Dr. 20000

To debentureholder a/c 220000

( payment due)

@ debentureholder a/c Dr. 220000

To bank a/c 220000

( payment made)

Answer 2

Answer:

Total bank A/C

220000

#Be brainly...........:)