Accountancy, asked by mary3207, 1 year ago

Issue of debenture are redeemable at 1100 pr debenture

Answers

Answered by aiman69
0
if you define how many debenture so I can give you proper answer

so take 100 debenture as an example

entry of issues

caah /bank account dr
100 \times 1100 \\ (110000)
To debenture capital ac
(110000)
entry of redemption

debenture holders ac dr 110000
to cash/bank ac 110000
Similar questions