[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.
![](https://commerceschool.in/wp-content/uploads/2022/09/q17-1024x99.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2022/09/1-126-1024x573.webp)
![](https://commerceschool.in/wp-content/uploads/2022/09/2-47.webp)