[ISC] Q. 17 solution of Issue of Debentures TS Grewal Class 12 (2022-23)
Solution of Question number 17 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2022-23 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.
Solution:-