Accountancy, asked by anushacp, 6 months ago

XLtd. decided to redeem 1,00,000 debentures at a premium of 20%. Give journal entries
for redemption of the debentures if they are redeemed out of capital.
​

Answers

Answered by Artificialworker
0

Answer:

Debentures of Rs. 20,00,000 were issued at a premium of 10% for ... 1. X Ltd. decides to redeem 8,000, 10% debentures of Rs.100 ... Record necessary entries for redemption of debenture.

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