Q. 37 solution of Issue of Debentures Chapter TS Grewal Book Class 12 2021-22

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Are you looking for the solution of Question number 37 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Question number 37 of the issue of debentures chapter is a practical one.

Solution of Question Number 37 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12

Question – 37

Agam Ltd. issued 40,000; 9a% Debentures of ₹ 100 each on 1st April 2018 at a discount of 10% redeemable at a premium of 10%.

Assuming that the interest was paid half-yearly on 30th September and 31st March, give Journal entries relating to debenture interest for the half-year ended 31st March 2019.


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