Question

Gokila Ltd. issued 500, 10% Debentures of 100 each on April 1, 2013 at discount of 5%
redeemable at premium of 10% out of profits. Give necessary journal entries at the time of
issue and redemption of debentures if debentures are to be redeemed in lump-sum at the
end of 3rd year. The directors of company decided to transfer the minimum amount to
Debenture Redemption Reserve Account on March 31 2015.​

Answer 1

Answer:

ajsnndkxnfix

sdmdnjdnsak is

ss. sjjwiqq

.wd whejww

snbjsbesjs

e dnebbdjeis

e.ebejnejsnq

e wnqnq

wnwhibwsnebjsew

w.wnjejedjenje

ww.nejenwejndneenejd