Are you looking for the solution of Question number 28 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?
Question number 28 of the issue of debentures chapter is a practical one.
Solution of Question Number 28 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12
Question – 28
Best Barcode Ltd. took a loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as collateral security. Pass Journal entries regarding the issue of debentures, if any, and show this loan in the Balance Sheet of the company.