Are you looking for the solution of Question number 11 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 11 of the issue of debentures chapter is a practical one.
Solution of Question Number 11 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12
Question – 11
Linus Ltd. issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application 20% on allotment and balance after three months.