Solution of Question number 22 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2024-25 session.
Shiwalik Ltd. issued ₹ 1,00,000; 7% Debentures at par redeemable at 5% premium after 10 years. Pass necessary Journal entries to record the transactions.
Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures