Q. 8 solution of Issue of Debentures Chapter TS Grewal Book Class 12 2021-22

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Solution of Question number 8 of the Issue of Debentures Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture. The full amount was payable on application. Applications were received for 10,000 Debentures. Allotment was made to all the applicants on pro rata.

Pass necessary Journal entires for the above transactions in the books of Narain Laxmi Ltd.

Solution:-

Here is the list of all Solutions.

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1.Question – 1
2.Question – 2
3.Question – 3
4.Question – 4
5.Question – 5
6.Question – 6
7.Question – 7
8.Question – 8
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12.Question – 12
13.Question – 13
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20.Question – 20
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33.Question – 33
34.Question – 34
35.Question – 35
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38.Question – 38
39.Question – 39
40.Question – 40
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44.Question – 44
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46.Question – 46
47.Question – 47
48.Question – 48
49.Question – 49
50.Question – 50
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