[ISC] Q. 49, 50 Issue of Debentures solution TS Grewal Class 12 (2026-27)
Solution of Question number 49 and 50 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2026-27 session
Q. 49. Swati Ltd. issued 20,000, 8% Debentures of ₹ 100 each on 1st April, 2021 redeemable at 20% premium. The debentures were fully subscribed.
It has a balance of ₹ 1,50,000 in Securities Premium Reserve Account.
Pass the necessary Journal entries for issue of debentures and writing off loss on issue of debentures.
Solution:-
Q. 50. Simmons Ltd. issued 20,000, 8% Debentures of ₹ 100 each on 1st April, 2022 redeemable at 20% premium. The issue was fully subscribed.
Pass the necessary Journal entries for issue of debentures and writing off loss on issue of debentures.
Solution:-
