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Solution of Q 7 Issue of Debentures TS Grewal 2023-24 [CBSE]

Question 7 of 56Chapter 9Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 7, Chapter 9 Issue of Debentures, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 7

Raj Ltd. issued 5,000; 8% Debentures of ₹ 100 each at a premium of 5% payable as follows:

₹ 10 on application; ₹ 20 plus premium on allotment and balance on first and final call.

Pass necessary Journal entries.

TS Grewal Class 12 Issue of Debentures Question 7

Solution

Solution of Q 7 Issue of Debentures TS Grewal 2023-24 part 1
Solution of Q 7 Issue of Debentures TS Grewal 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 7 Issue of Debentures TS Grewal 2023-24 part 3
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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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