Gowtham Ltd. issued 6,000 12% debentures of 100 each, at a discount of 5%, repayable after 5
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Gowtham Ltd. issued 6,000 12% debentures of ₹100 each, at a discount of 5%, repayable after 5 years at a premium of 5%. Give journal entries both at the time of issue and redemption of debentures.
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Journal Entries at the Time of Issue Gowtham Ltd issued 6000 12 debentures of 100 each at a discount ...View the full answer
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