secul
(C.B.S. E. Sample Paper, 2019)
sch as collateral security. Record necessary journal entries. How will you show the
0. 21. Hassan Limited took a loan of 30,00,000 from a bank against primary
Security worth 40,00,000 and issued 35,000, 6% debentures of 3100 each as a
lateral security. The company again after one year took a loan of 350,00,000 from
ank against Plant as primary security and deposited 60,000, 6% debentures of 100 each as colletral security. Record the necessary journal entries. How will you show the Issue of debentures and bank loan in the balance sheet of the company.
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