[ISC] Q. 19 solution of Issue of Debentures TS Grewal Class 12 (2022-23)

Solution of Question number 19 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2022-23 session?

Journalise the following:

(a) A debenture issued at 95, repayable at ₹ 100.

(b) A debenture issued at ₹ 95, repayable at ₹ 105.

(c) A debenture issued at ₹ 100, repayable at ₹ 105.

The nominal (face) value of debenture in each of the above cases is ₹ 100.

Solution:-