Q. 33 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)

the solution of question number 33 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)

Suvidha Ltd. purchased machinery for ₹ 1,98,000 from Suppliers Ltd. The payment was made by issue of 12% debentures of ₹ 100 each. Pass necessary journal entries for the purchase of machinery and issue of debentures when

(i) Debentures are issued at par.

(ii) Debentures are issued at 10% discount.

(iii) Debentures are issued at 10% premium.

[Ans. Number of Debentures issued in Case (i) 1,980; Case (ii) 2,200 and Case (iii) 1,800.]

Solution:-

Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)

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