[CBSE] Q. 17 Issue of Debentures Solution TS Grewal Class 12 (2026-27)
Solution of Question number 17 of the Issue of Debentures Chapter of TS Grewal Book 2026-27 CBSE Board
On 1st October, 2022, Ninza Ltd. issued 4,000, 8% Debentures of ₹ 100 each at a discount of 10%. The company had a balance of ₹ 50,000 in Securities Premium Account on the same date.
Pass necessary Journal entries for issue of debentures and to write off discount on issue of debentures.
Solution:-
