On 1st April ,2019 ,Mathew Ltd …
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On 1st April ,2019 ,Mathew Ltd issued 10,000,9%Debentures of rs.100each at a discount of 5%,redeemable at premium of 5%.These debentures were redeemable as follows:
On 31st March ,20-2000debentures
On31st March,21. 5000Deb
On 31st March 22. 3000Debentures .
Prepare account for loss on issue of debenture , 9%Debentures ,and premium on redemption
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