[ISC] Q. 46 Issue of Debentures solution TS Grewal Class 12 (2024-25)

Share your love

Solution of Question number 46 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2024-25 session.

On 1st April, 2020 K.K. Ltd. issued 10,000; 10% Debentures of ₹ 100 each at a disocunt of 10% redeemable at a premium of 5%. It has balances of ₹ 1,00,000 in Capital Reserve and ₹ 50,000 in the Securities Premium Reserve. The company decided to write off discount or loss on issue of debentures in the year ended 31st March, 2021 from the Capital Reserve and/or Securities Premium Reserve in the year of issue.

Pass the necessary Journal entries for issue of debentures and writing off Loss and prepare Loss on issue of debentures Account.

Solution:-

Here is the list of all Solutions.

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
28Question – 28
29Question – 29
30Question – 30
S.NSolutions
31Question – 31
32Question – 32
33Question – 33
34Question – 34
35Question – 35
36Question – 36
37Question – 37
38Question – 38
39Question – 39
40Question – 40
S.NSolutions
41Question – 41
42Question – 42
43Question – 43
44Question – 44
45Question – 45
46Question – 46
47Question – 47
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7017

Leave a Reply

Your email address will not be published. Required fields are marked *

x