[CBSE] Q. 52 Issue of Debentures Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 52 of the Issue of Debentures Chapter of TS Grewal Book 2023-24 CBSE Board?

On 1st June, 2020, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years. All the debentures were subscribed and allotment was made. Prepare the Balance Sheet (extract) as at 31st March, 2023.

Solution:-

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