Question

Q. 48. Give the journal entries at the time of issue of debentures in the following cases
(i) Issued 5,00,000, 12% debentures at par and redeemable at par after 5 years.
(ii) Issued * 8,00,000, 11% debentures at 6% discount, redeemable at par after 4
years.
(iii) Issued 10,00,000, 14% debentures at 5% premium, redeemable at par after 4
years.
(iv) Issued 20,00,000, 12% debentures at par, redeemable at 5% premium after 3
years.
(v) Issued 12,00,000, 13% debentures at 4% discount, redeemable at 6% premium
after 3 years​

Answer 1

Explanation:

iii" (and any subsequent words) was ignored because we limit queries to 32 words.