[ISC] Q. 17 Issue of Debentures solution TS Grewal Class 12 (2023-24)
Solution of Question number 17 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2023-24 session?
Drumbeats Ltd. took a loan of ₹ 4,00,000 from AU Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral Security.
Explain how will you deal with the issue of debentures in the books of the company.
![](https://commerceschool.in/wp-content/uploads/2023/12/q17-1024x110.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2023/12/1-20-1024x615.webp)
![](https://commerceschool.in/wp-content/uploads/2023/12/2-4-1024x458.webp)
![](https://commerceschool.in/wp-content/uploads/2023/12/3-4-1024x543.webp)