Pass necessary Journal entries relating to the issue of debentures
Channel: Doubtnut
Date: 2020-03-29

Pass necessary Journal entries relating to the issue of debentures for the following: (a) Issued ₹ 28,000, 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. (b) Issued ₹ 30,000, 10% Debentures of ₹ 100 each at premium of 10% and redeemable at premium of 15%. (c) Issued ₹ 80,000, 10% Debentures of ₹ 100 each at par rapayable at a premium of 10%.