[ISC] Q 47 Redemption of Debenture TS Grewal (2023-24)

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Solution of question number 47 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)

Gagan Ltd., a listed company, has outstanding 4,20,000, 9% Debentures of ₹ 10 each on 1st April, 2021. The company purchased 1,00,000 of its own debentures for cancellation @ ₹ 10 each. Record the above transactions in the books.

Solution:-

Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.

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