[ISC] Q. 48 Issue of Debentures solution TS Grewal Class 12 (2023-24)

Share your love

Solution of Question number 48 of the Issue of Debentures Chapter of TS Grewal Book ISC Board 2023-24 session?

Logitech issued 20,000; 1% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 3%. Debentures are to be redeemed in the following manner:

YearFace Value of Debentures
22,00,000
34,00,000
46,00,000
58,00,000

Prepare Loss on issue of Debentures Account for 5 years.

Solution:-

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: 7087

Leave a Reply

Your email address will not be published.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

x