[ISC] Q 54 Redemption of Debenture TS Grewal (2023-24)
Solution of question number 54 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)
On 1st April, 2021, Sterling Ltd., an unlisted (Non-NBFC/HFC) company, had outstanding 1,000, 10% Debentures of ₹ 100 each. Interest on debentures is payable half yearly on 30th September and 31st March. On 1st October, 2021, the company purchased 400 own debentures at ₹ 92 for the investment purpose and sold the same at ₹ 98 after four months.
Pass Journal entries on the date of Purchase and Sale of debentures.
Solution:-
Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.
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| 1 | Question – 1 |
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| 11 | Question – 11 |
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| 15 | Question – 15 |
| 16 | Question – 16 |
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| 18 | Question – 18 |
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| 21 | Question – 21 |
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| 24 | Question – 24 |
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| 26 | Question – 26 |
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| 28 | Question – 28 |
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| 30 | Question – 30 |
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| 31 | Question – 31 |
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| 33 | Question – 33 |
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| 37 | Question – 37 |
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| 39 | Question – 39 |
| 40 | Question – 40 |
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| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
| 44 | Question – 44 |
| 45 | Question – 45 |
| 46 | Question – 46 |
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| 48 | Question – 48 |
| 49 | Question – 49 |
| 50 | Question – 50 |
| S.N | Questions |
| 51 | Question – 51 |
| 52 | Question – 52 |
| 53 | Question – 53 |
| 54 | Question – 54 |
| 55 | Question – 55 |
