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DK Goel Solutions Q 30 Chapter 7 Issue of Debentures Class 12 CBSE [2023-24]

Question 30 of 30Chapter 7Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 30, Chapter 7 Accounting for Companies – Issue of Debentures, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 30

On 1st April, 2021, Star Ltd. issued 8,000, 8% Debentures of ₹ 250 each at a premium of 5% and redeemable at a premium of 4% after 4 years. According to the terms of issue, ₹ 100 was payable on application and balance on allotment. Record necessary entries regarding issue of debentures and writing off loss on issue of debentures.

DK Goel Class 12 Issue of Debentures Question 30

Solution

Solution of Q 30 Issue of Debentures DK Goel 2023-24 part 1
Solution of Q 30 Issue of Debentures DK Goel 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 30 Issue of Debentures DK Goel 2023-24 part 3
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About this solution

This is Chapter 7 Accounting for Companies – Issue of Debentures of DK Goel For 2024 Examinations.

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 the Accountancy Board Exam.

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