Pass the necessary journal entries in the books of Pankaj Limited for the issue of Debentures in the following cases:

(a) Issued 7500, 10% Debentures of ₹100 each at a discount of ₹10,000 redeemable at a premium of 5%.

(b) Issued 5000, 10% Debentures of ₹100 each at a premium of 10% redeemable at a premium of 10%.

(c) Issued 1000, 9% Debentures of ₹100 each at par redeemable at par.

(d) Issued ₹2,00,000, 9% Debentures of ₹100 each at a discount of 10% redeemable at par.

(e) Issued 5000, 9% Debentures of ₹100 each at 20% premium redeemable at par.

Marks-5, CBSE:2021-22/Term-2/Zone-2/Set-1/Q-8

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