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Solution of Q 40 Issue of Debentures TS Grewal 2023-24 [CBSE]

Question 40 of 56Chapter 9Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 40, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 40

Pratham Ltd. issued 50,000, 9% Debentures of ₹ 100 each on 1st April, 2022 at 10% discount, redeemable at 10 premium. Interest is payable quarterly on 30th June, 30th September, 31st December and 31st March.

Pass the Journal entries for interest for the period ended 30th June, 2022.

TS Grewal Class 12 Issue of Debentures Question 40

Solution

Solution of Q 40 Issue of Debentures TS Grewal 2023-24
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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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