Debentures Issue 47
Pass necessary journal entries for the issue of debentures in the books of YK Ltd.: (i) Issued 500, 9% debentures of ₹1,000 each at par, redeemable at par. (ii) Issued 20,00,000, 10% debentures at 6% discount, redeemable at par. (iii) Issued 2,000, 8% debentures of ₹100 each at a discount of 2%, redeemable at … Read more