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B. Ltd. issued 1,000, 12% debentures …

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B. Ltd. issued 1,000, 12% debentures of Rs 100 each on April 01, 2014 at a discount of 5% redeemable at a premium of 10%. Give journal entries relating to the issue of debentures and debentures interest for the period ending March 31, 2015 assuming that interest is paid half-yearly on September 30 and March 31 and tax deducted at source is 10%. Anybodyy plsss gve me the correct answerr
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Harsh Sanwal 6 years, 10 months ago

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