Sarthaks APP
0 votes
in Accounts by (64.4k points)

Z. Ltd. Issued 2,000, 14% debentures of Rs. 100 each on January 01, 2010 at a discount of 10%, redeemable at a premium of 10% in equal annual drawings in 4 years out of profits. f Jive journal entries both at the time of issue and redemption of debentures. (Ignore the treatment of loss on issue of debentures and interest).

1 Answer

+1 vote
by (59.5k points)
selected by
Best answer

Book of Z.Ltd  Journal Entries

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.