[CBSE] Q. 30 Issue of Debentures Solution TS Grewal Class 12 (2024-25)

Solution of Question number 30 of the Issue of Debentures Chapter of TS Grewal Book 2024-25 CBSE Board

Best Barcode Ltd. took loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as collateral security. Pass Journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company.

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