Q. 45 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 45 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Journalise the following transactions:
(i) 400 debentures issued at ₹ 960 each, repayable at ₹ 1,000 each.
(ii) 400 debentures issued at ₹ 1,040 each, repayable at ₹ 1,000 each.
(iii) 400 debentures issued at ₹ 1,000 each, repayable at ₹ 1,060 each.
(iv) 400 debentures issued at ₹ 960 each, repayable at ₹ 1,060 each.
(The face value of each debenture is ₹ 1,000)
Solution:-
