[ISC] Q. 25 Solution of Issue of Debentures TS Grewal ISC 2023-24 Edition

Question 25 of 50Chapter 8Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 25, Chapter 8 Joint Stock Company – Issue of Debentures, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 25

Auto Sales Ltd. issued ₹ 1,00,000; 9% Debentures of ₹ 100 each at a premium of 5% redeemable at par.

Give Journal entries.

TS Grewal Class 12 Issue of Debentures Question 25

Solution

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About this solution

This is Chapter 8 Issue of Debentures of ISC 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 Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.

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