Accountancy, asked by js0163881, 3 months ago

Rashmi Ltd., issues at par 20,000, 12% Debentures of ` 100 each redeemable at par after 4

years. Journalise

Answers

Answered by likhilkhatri

0

Answer:

interest on debenture a/c 240000

to bank ac 240000

(1-4 year)

debenture a/c dr 2000000

to bank ac 2000000

(4th year)

Explanation:

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