[CBSE] Q. 54 Issue of Debentures Solution TS Grewal Class 12 (2023-24)

Solution of Question number 54 of the Issue of Debentures Chapter of TS Grewal Book 2023-24 CBSE Board?

On 1st April, 2018, Mathew Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5%. These debentures were redeemable as follows:

On 31st March, 2019 On 31st March, 2020 On 31st March, 2021

2,000 Debentures 5,000 Debentures 3,000 Debentures

Prepare the Loss on Issue of Debentures Account, 9% Debentures Account and Premium on Redemption of Debentures Account for three years.

Solution:-

Here is the list of all Solutions.

S.N	Solutions
1	Question – 1
2	Question – 2
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11	Question – 11
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50	Quesion – 50

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51	Question – 51
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53	Question – 53
54	Question – 54
55	Question – 55
56	Question – 56