[ISC] Q. 21 Issue of Debentures solution TS Grewal Class 12 (2023-24)

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Solution of Question number 21 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2023-24 session?

A company issued ₹ 1,00,000; 7% Debentures at par redeemable at 5% premium after 10 years. Pass necessary Journal entries to record the transactions.

Solution:-

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