Pass journal entries for issue of debentures for the following transactions:

  1. Issued 3,000, 11% debentures of ₹100 each at par, redeemable at 5% premium.
  2. Issued 4,000, 12% debentures of ₹100 each at 5% premium, redeemable at 10% premium.
  3. Issued 3,00,000, 9% debentures of ₹100 each at par redeemable at par.
  4. Issued 7,00,000, 9% debentures at a discount of 10% redeemable at par.
  5. Issued 10,00,000, 9% debentures of ₹100 each at 10% discount redeemable at 5% premium.

Marks-5, CBSE:2021-22/Term-2/Zone-1/Set-1/Q-9

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