Solution of Q 14 Issue of Debentures TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 14, Chapter 10 Company Accounts – Issue of Debentures, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
Question 14
Amrit Ltd. was promoted by Amrit and Bhaskar with an authorised capital of ₹10,00,000 divided into 1,00,000 shares of ₹10 each.
The company decided to issue 1,000, 6% Debentures of ₹100 each to Amrit and Bhaskar each for their services in incorporating the company.
Pass Journal entry.
Solution
All questions of Chapter 10
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About this solution
This is Chapter 10 Issue of Debentures of TS Grewal Edition 2022-23.
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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