Are you looking for the solution of Question number 15 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 15 of the issue of debentures chapter is a practical one.
Solution of Question Number 15 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12
Question – 15
B Ltd. issued 9% Debentures of ₹ 100 each at a premium of 20% to vendors for the purchase of plant costing ₹ 6,00,000. Pass the necessary Journal entry for the payment made to vendors.