[CBSE] Q. 18 Issue of Debentures Solution TS Grewal Class 12 (2024-25)

Solution of Question number 18 of the Issue of Debentures Chapter of TS Grewal Book 2024-25 CBSE Board

Ananya Ltd. purchased an established business for ₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ₹ 100 each at a discount of 10%. Give Journal entries in the books of Ananya Ltd.

[Ans.: 1,500; 9% Debentures of ₹ 100 each.]

Solution:-