Question

Surya ltd.issued 2,500 , 15%. Debentures of Rs.100 each
at a discount of 10%. payable as follows :-
Rs.25 on application ; Rs.25 on allotment and the balance on first call. Applications were recieved for 2000, debentures
and the allotment was made. All the money
was duly received. Expenses on issue of debentures amounted to Rs. 10000. Pass necessary journal entries (for first year only). Company decided to write
off capital losses in the
first year itself. All money was duly recieved.​

Answer 1

Explanation:

this is the answer I think it is clear