Question

on ,30 June 2016 the following balance stood in the books of a company 8./. first mortgage debenture stock 200000,debenture redemption fund investment ,70000,6./. Punjab electricity board bound 71260 ,80000,5./. UP board loan 64068,60000,8./.government of India loan 61710,16000,7./. co-operative bank loan 16042 ,on the same day the investment were sold electricity bond at par 5./.loan at 9./.,loan at 109./.and 7./.loaan at 103./.on the same day debenture were redeemed at a premium of 5./.write up the accounts concerned (other than the cash account ) bringing down the balance if any,after the above transactions have been completed and stating how such balance should be dealt with in the next balance sheet of the company​

Answer 1

Answer:

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Explanation:

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