Q. 51 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 51 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Agam Ltd. issued 40,000, 9% debentures of ₹ 100 each on April 1, 2018 at a discount of 10%, redeemable at a premium of 10%.
Assuming that the interest was paid half yearly on September 30 and March 31, give journal entries for the half year ended March 31, 2019.
Solution:-