X Ltd. issued 6,000, 12% Debentures of 100 each at a discount of 0. on 01.04.2014. The debentures were payable in installments ot 2,00,000 starting from 31.03.2016. Show the discount on Issue of Debentures account for the years 2014-15 to 2017-18. You are required to a. •a Pass entries for issue of Debentures. Prepare Loss on Issue of Debentures Account

X Ltd. issued 6,000, 12% Debentures of 100 each at a discount of 0. on 01.04.2014. The debentures were payable in installments ot 2,00,000 starting from 31.03.2016. Show the discount on Issue of Debentures account for the years 2014-15 to 2017-18. You are required to a. •a Pass entries for issue of Debentures. Prepare Loss on Issue of Debentures Account

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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