Q. 44 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 44 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Question number 44 of the issue of debentures chapter is a practical one.

Solution of Question Number 44 of Issue of Debentures Chapter of TS Grewal Book 2021-22 Class 12

Question – 44

On 1st January 2018, Raha Ltd issued 6,000 8% Debentures of nominal (face) value of ₹100 each redeemable at 5% premium in equal proportions at the end of 5, 10, and 15 years. It has a balance of ₹ 10,000 in Securities Premium Reserve.

Pass Journal entries. Also given Journal entries for writing off loss on issue of Debentures.

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