[ISC] Q 28 Redemption of Debenture TS Grewal (2024-25)

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Solution of question number 28 of Redemption of Debenture Ts Grewal class 12 ISC Board (2024-25)

India Textiles Corporation Ltd. a listed company has outstanding ₹ 50,00,000; 9% Debentures of ₹ 100 each due for redemption on 31st July, 2022. Pass necessary Journal entries for redemption.

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