Question

X.Ltd. issued 5,000, 15% debentures of Rs.100 each on April 01, 2013 at a discount of 10%, redeemable at a premium of 10% in equal annual drawings in 4 years out of capital. Give journal entries both at the time of issue and redemption of debentures. (Ignore the treatment of loss on issue of debentures and interest.)

Answer 1

Answer:

x.ltd 4 years interest .....ppngp

Explanation:

gfrhbghffdssfyuoplndgecgtuhjmb....