Question

U 27(B). Pass necessary journal entries relating to the issue of debentures for the
following cases :
(i) Issued 4,00,000, 9% Debentures of 100 each at a premium of
8% redeemable at a premium of 10%.
(ii) Issued 6,00,000, 9% Debentures of 100 each at par, repayable at
a premium of 10%.
(iii) Issued 10,00,000, 9% Debentures of 100 ech at a premium of
5%, redeemable at par.
(C.B.S.E., 2012-C)​

Answer 1

Answer:

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