Accountancy, asked by hritik4556, 1 year ago

I don't know what to do in this, can anyone please solve this question of class 12th?

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Answered by aiman69

1 BANK ACCOUNT DR 3000000
TO 8% DEBENTURE ACCOUNT 3000000

2 BANK ACCOUNT DR 20000
PREMIUM ON ISSUE AC DR 400
TO DEBENTURE ACCOUNT 20000
TO PREMIUM ON REDEMPTION AC 400

3 BANK ACCOUNT DR 19600
DISCOUNT ALLOWED 400
TO DEBENTURE ACCOUNT 20000

I HOPE IT WILL HELP YOU. . . . .

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