Q. 17 solution of Issue of Debentures Chapter TS Grewal Book Class 12 2021-22
Solution of Question number 17 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. If debentures have been issued i) at par and ii) at a discount of 10%. Give necessary Journal entries.
[Ans.: Number of Debentures Issued – (i) 1,350; (ii) 1,500]
Solution:-
Here is the list of all Solutions.
| S.N | Link to Solution |
| 1. | Question – 1 |
| 2. | Question – 2 |
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| 6. | Question – 6 |
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| 10. | Question – 10 |
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| 11. | Question – 11 |
| 12. | Question – 12 |
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| 16. | Question – 16 |
| 17. | Question – 17 |
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| 50. | Question – 50 |
