Q. 16 solution of Issue of Debentures Chapter TS Grewal Book Class 12 2021-22

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Solution of Question number 16 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Ananya Ltd. purchased an established business for ₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ₹ 100 each at a discount of 10%.

Give Journal entries in the books of Ananya Ltd.

[Ans.: 1,500; 9% Debentures of ₹ 100 each.]

Solution:-

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