Suvidha Ltd purchased machinery worth Rs 198000 from suppliers Ltd.The payment was
Channel: Doubtnut
Date: 2021-11-02

Suvidha Ltd purchased machinery worth Rs 198000 from suppliers Ltd.The payment was made by issue opf 12% debentures of Rs 100 each.  Pass the necessary joural entries for the purchase  of machinery and issue of  debentures when:  (i) Debentures are issued at par, (ii) Debentures are issued at 10% descount, and  (iii) Debentures are issued at 10% premium