Amber Electronics Ltd. purchased machinery for Rs 198000 and issued 9% debentures of Rs 100 each to the vendors. Make journal entries if the debentures were issued, (a) at par (b)at a premium of Rs 10 (c) at a discount of Rs 10

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Amber Electronics Ltd. purchased machinery for Rs 198000 and issued 9% debentures of Rs
100 each to the vendors.
Make journal entries if the debentures were issued,
(a) at par
(b)at a premium of Rs 10
(c) at a discount of Rs 10
Transcribed Image Text:Amber Electronics Ltd. purchased machinery for Rs 198000 and issued 9% debentures of Rs 100 each to the vendors. Make journal entries if the debentures were issued, (a) at par (b)at a premium of Rs 10 (c) at a discount of Rs 10
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