Q.39 Solution Issue of Debentures TS Grewal Book Class 12 CBSE
Step-by-step solution of Question 39, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.
Question 39
Chiranjeevi Limited issued 2,000, 10% Debentures of ₹ 100 each. Pass the necessary Journal entries for the issue of debentures in the following cases:
- (a) When debentures were issued at 10% premium, redeemable at 5% premium.
- (b) When debentures were issued at 5% discount, redeemable at 10% premium.
- (c) When debentures were issued at par, redeemable at a premium of 10%.
Solution
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Looking for the Q.39 Solution Issue of Debentures TS Grewal Class 12 Accountancy book for the 2024-25 CBSE syllabus? You’ve come to the right place!
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
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