Accountancy, asked by Anonymous, 4 months ago

A Ltd issued 2500 9% Debentures of Rs 100 each on April 01, 2018 redeemable at a premium of 8% after 3 years. According to the terms of the prospectus Rs. 40 is payable on application and the balance on allotment of debentures, Record the necessary entries regarding issue of Debentures.

Answers

Answered by rishabhjhalani2003
2

Answer:

Bank acc. dr. 2500*100

to debenture application acc

Debenture application acc dr.

to 9%debencture

debenture allotment acc dr.

to 9% debenture acc

to security premium reserve

bank acc dr

to debenture allotment acc

please mark this answer as brainlist

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