[ISC] Q. 17 solution of Issue of Debentures TS Grewal Class 12 (2022-23)

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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:-

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