Question

Write the journal entries with narration relating to issue and redemption of debentures for the

following three different situations

a) 10% Debentures of Rs. 25,00,000, issued at a premium of 5% and redeemable at par.

b) 12% Debentures of Rs. 26,00,000 issued at par and redeemable at a premium of 5%

c) 8% Debentures of Rs. 27,00,000 issued at a discount of 5%, redeemable at a premium

of 10%



Can anyone please answer this

Answer 1

Answer:

sorry,I don't know the answer