Are you looking for the solution of Question number 27 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 27 of the issue of debentures chapter is a practical one.
Solution of Question Number 27 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12
Question – 27
A Company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as collateral security.
Explain how will the issue of debentures be dealt with in the books of the company.