Vashya Ltd. issued 30,000, 10% Debentures of Rs. 100 each as collateral security for a loan of Rs. 25,00,000 taken from Bank of India. Fill in the blanks for the journal entry for issue of debentures as a collateral security:
Vashya Ltd.
Journal
Date | Particulars | L.F. | Dr. Rs. | Cr. Rs. |
………………………………..A/c Dr. | ……. | |||
To ………………………..A/c | …… | |||
(Being Rs. 30,00,000; 10% debentures issued as collateral security for a loan of Rs. 25,00,000) |
Marks-1, CBSE:2019-20/Main/03/Q-13