[ISC] Q. 12 solution of Issue of Debentures TS Grewal Class 12 (2022-23)

Solution of Question number 12 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2022-23 session?

Patanjali Ltd. purchased machinery from Barun for an agreed purchase consideration of ₹ 6,30,000 to be satisfied by the issue of 10% Debentures of ₹ 100 each at 5% premium. Journalise the transactions.

Solution:-