Q. 47 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 47 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Journalise the following transactions:
(a) X Ltd. issues ₹ 2,00,000, 12% Debentures at a discount of 5% redeemable at par.
(b) Y Ltd. issues ₹ 5,00,000, 11% Debentures at a discount of 5% redeemable at a premium of 7%.
Solution:-