Debentures are issued at par with the condition that redemption will also be at par
Journalise it.
(a) Bank A/C
Dr.
To Debenture Application and Allotment Alc
(b) Debenture Application and Allotment Alc
Dr.
To X% Debentures Alc
(c)
Both (a) and (b)
(d) None of the above
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Answer:
it's answer is none of the above (d)
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