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Solution of Q 50 Issue of Debentures TS Grewal 2023-24 [CBSE]

Question 50 of 56Chapter 9Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 50, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 50

Global Ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of ₹ 9.

Pass the Journal entries for writing off the Loss on Issue of Debentures. Also prepare Loss on Issue of Debentures Account.

TS Grewal Class 12 Issue of Debentures Question 50

Solution

Solution of Q 50 Issue of Debentures TS Grewal 2023-24 part 1
Solution of Q 50 Issue of Debentures TS Grewal 2023-24 part 2
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About this solution

This is Chapter 9 Issue of Debentures of 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 CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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