On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of Rs. 100 each at a discount of 4% redeemable after 5 years at a pre

On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of Rs. 100 each at a discount of 4% redeemable after 5 years at a premium of 6%. Pass the necessary journal entries for issue of debentures and writing off Loss on issue of Debentures. Also prepare Loss on issue of Debentures Account.

On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of Rs. 100 each at a discount of 4% redeemable after 5 years at a premium of 6%.

Please log in or register to add a comment.

1 Answer

Please log in or register to add a comment.

Find MCQs & Mock Test

Related questions

Categories