[ISC] Q. 13, 14 Issue of Debentures solution TS Grewal Class 12 (2026-27)
Solution of Question number 13 and 14 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2026-27 session?
Q. 13. 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:-
Q. 14. Downhill Ltd. purchased Plant and Machinery for ₹ 10,00,000 payable as ₹ 3,25,000 in cash and balance by issue of 10% Debentures of ₹ 1,000 each issued at a discount of 10%. Pass Journal entries.
Solution:-
