Question

Give journal entries for the issue of debentures in the following conditions:
1) Issued 2000 12% debentures of Rs. 100 each at a premium of 5% redeemable at par.
2) Issued Rs. 2,00,000 12 % debentures of Rs. 100 each at a discount of 2%, redeemable at premium
of 5%
3) Issued 635 9% debentures of Rs. 500 each. When these were issued at 12% premium and
redeemable at 6% premium.​

Answer 1

Answer:

sorry

Explanation:

These solutions for Cash Flow Statement are extremely popular among ... Securities Premium Reserve, 2,60,000, 2,50,000 ... Note: Amount of Equity Share Capital has been increased due to the issue of ...

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