A company purchased assets of ₹ 9,90,000 from another firm. Payment was
Channel: Doubtnut
Date: 2020-03-29

A company purchased assets of ₹ 9,90,000 from another firm. Payment was made by issuing 11% Debentures of ₹ 100 each . Pass Journal enteries when debentures have been issued: (i) at par, (ii) at a premium of 10% and (iii) at a discount of 10%.