Accountancy, asked by maskarakirti, 4 months ago

Vinod limited issued 5,00,000, 7% Debentures of Rs.50 each. Pass necessary journal entries in

the books of the company for the issue of debentures when debentures were :

A) Issued at 4% premium, redeemable at 5% premium

B) Issued at 5 % premium, redeemable at par

C) Issued at 5% Discount, redeemable at 4% premium​

Answers

Answered by shreekamakhyatraders
0

Answer:

C) Issued at 5% discount, redeemable at 4% premium is the right answer.

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