Q.14 Solution Issue of Debentures TS Grewal Book Class 12 CBSE
Step-by-step solution of Question 14, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.
Question 14
The Decor Ltd. issued 20,000, 6% Debentures of ₹ 100 each at 10% discount payable ₹ 30 on application, ₹ 40 (after discount) and balance as first and final call. Debentures were subscribed and allotment was made. Amount due on allotment was made and received. First and final call is yet to be made.
You are required to pass the necessary Journal entries.
Solution
All questions of Chapter 9
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About this solution
Looking for the Q.14 Solution Issue of Debentures TS Grewal Class 12 Accountancy book for the 2024-25 CBSE syllabus? You’ve come to the right place!
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