[ISC] Q. 7 Issue of Debentures solution TS Grewal Class 12 (2023-24)

Anurag Pathak
December 3, 2023
[ISC} Issue of Debentures TS Grewal (2023-24)

Solution of Question number 7 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2023-24 session?

Cane Ltd. issued 10,000; 10% Debentures of ₹ 100 each at a discount of 10% payable ₹ 25 on application and balance on allotment. Pass Journal entries in the books of Cane. Ltd.

Solution:-

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