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Journalize the following cases, when debenture issue price is Rs. 80,000, Rate of interest 6% · Issued at par and redeemable at par. · Issued at a discount of 10% and redeemable at par. · Issued at premium of 5% and redeemable at par. · Issued at par and redeemable at a premium of 10%. · Issued at a discount of 10%, and redeemable at a premium of 10%

Journalize the following cases, when debenture issue price is Rs. 80,000, Rate of interest 6% · Issued at par and redeemable at par. · Issued at a discount of 10% and redeemable at par. · Issued at premium of 5% and redeemable at par. · Issued at par and redeemable at a premium of 10%. · Issued at a discount of 10%, and redeemable at a premium of 10%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journalize the following cases, when debenture issue price is Rs. 80,000, Rate of interest 6%

· Issued at par and redeemable at par.

· Issued at a discount of 10% and redeemable at par.

· Issued at premium of 5% and redeemable at par.

· Issued at par and redeemable at a premium of 10%.

· Issued at a discount of 10%, and redeemable at a premium of 10%

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