[ISC] Q. 17 Issue of Debentures solution TS Grewal Class 12 (2023-24)
Solution of Question number 17 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2023-24 session?
Drumbeats Ltd. took a loan of ₹ 4,00,000 from AU Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral Security.
Explain how will you deal with the issue of debentures in the books of the company.
Solution:-