Question

XYZ Ltd. has 30,00,000, 10% debentures outstanding as on 1st January, 2007. On this date compan
took a loan of 15,00,000 from State Bank of India, for which the company issued 20,000, 14% debenture
of 100 each as Collateral Security. Give Entries.​

Answer 1

Explanation:

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