Q. 48 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 48 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Journalise the following transactions at the time of issue of debentures:
(a) Nandan Ltd. issued ₹ 90,000, 12% debentures of ₹ 100 each at a discount of 5% redeemable at 110%.
(b) Winona Ltd. issued ₹ 80,000, 11% debentures of ₹ 100 each at a premium of 5% redeemable at a premium of 10%.
Solution:-
