Solution of Q 39 Issue of Debentures TS Grewal 2023-24 [CBSE]
Step-by-step solution of Question 39, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.
Question 39
Agam Ltd. issued 40,000; 9% Debentures of ₹ 100 each on 1st April, 2022 at a discount of 10% redeemable at a premium of 10%.
Assuming that the interest was paid half yearly on 30th September and 31st March, give Journal entries relating to debenture interest for the half year ended 31st March, 2023.
Solution
All questions of Chapter 9
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About this solution
This is Chapter 9 Issue of Debentures of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.
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