[CBSE] Q. 31 Issue of Debentures Solution TS Grewal Class 12 (2024-25)

Solution of Question number 31 of the Issue of Debentures Chapter of TS Grewal Book 2024-25 CBSE Board

X Ltd. took loan of ₹ 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of ₹ 100 each as a collateral security for the same. Show how these items will be shown in the Balance Sheet of the company.

Solution:-