Q. 26 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)

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the solution of question number 26 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)

On 1st April, 2018, X Ltd. issued 7,500, 9% Debentures of ₹ 50 each at a discount of 6%, redeemable at a premium of 10%. Pass journal entries for the year ending 31st March 2019 and Prepare Debentures Account. (Ignore interest on Debentures).

[Ans. Loss on Issue of Debentures ₹ 60,000 will be written off from Statement of Profit and Loss]

Solution:-

Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)

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54Question – 54
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Anurag Pathak
Anurag Pathak

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