[CBSE] Q. 42 Issue of Debentures Solution TS Grewal Class 12 (2026-27)

Solution of Question number 42 of the Issue of Debentures Chapter of TS Grewal Book 2026-27 CBSE Board

Pass necessary Journal entries in the books of RR Ltd. for issue of debentures in the following cases:

(i) Issued 9,000, 9% Debentures of 100 each at a discount of 10%, redeemable at a premium of 5% after 5 years.

(ii) Issued 5,000, 11% Debentures of 100 each at a premium of 10%, redeemable at a premium of 5%
after 5 years.

(CBSE 2025)

Solution:-