(a) A company issued Rs. 500,000 6% debenture at par redeemable at par. (b) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at par. (c) A company issued Rs. 500,000 6% debenture at 5% premium redeemable at par. (d) A company issued Rs. 500,000 6% debenture at par redeemable at 10% premium. (e) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at 5% premium.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Q.No.2

What journal entries Punjab Corporation is made in the following cases. Also, prepare a balance sheet for each. You are also required to pass the journal entries following cases with your arid no. last four digits also 4221 arid no is total no. of debentures and Rs 100 each 6% debenture.

(a) A company issued Rs. 500,000 6% debenture at par redeemable at par.

(b) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at par.

(c) A company issued Rs. 500,000 6% debenture at 5% premium redeemable at par.

(d) A company issued Rs. 500,000 6% debenture at par redeemable at 10% premium.

(e) A company issued Rs. 500,000 6% debenture at 10% discount redeemable at 5% premium.

Note: My last four digits of arid no is 4221

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