Q. 4 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)

Share your love

Here are the solution of question number 4 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25).

Sunflower Ltd. issued 4,000, 8% Debentures of ₹ 200 each at a premium of 6% payable as ₹ 80 on application and ₹ 132 on allotment. Debentures are redeemable after 7 years. Record entries assuming all the money is duly received.

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7172

Leave a Reply

Your email address will not be published. Required fields are marked *

x