on 01-01-2017 fast computer Ltd.issued 20,00,000 , 6%
debentures of a loo each at a discount of
4% redeemable at a premium of 5% after
three
years. The amount was payable as
follows:
On application sobes debentures
Balance on allotment
Record the necessary Journalenteries
for issue of debentures
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Explanation:
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