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Issue of rs 1,00,000 9% debenture …

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Issue of rs 1,00,000 9% debenture of rs 100 each at premium of 5% but redeemable at par. This question I want journal entry

    • Posted by Bhavana R 5 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Jyothsna V 5 years, 11 months ago

    bank A/c dr To debentures Applications A/c 105000 [being application money received] Debenture Applications A/c 105000 To 9% Debentures 100000 To Securities premium reserve 5000

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