Zebra Ltd., redeemed 10,000 12% Debentures, out of capital by drawing a lot and it has also redeemed 20,000. 10%
Zebra Ltd., redeemed ₹10,000 12% Debentures, out of capital by drawing a lot and it has also redeemed ₹20,000. 10% Debentures out of profit by drawing a lot. Journalise the transactions.
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Step by Step Answer:
Chapter # 4- ISSUE AND REDEMPTION OF DEBENTURES,,
Section: EXERCISES AND PROBLEMS
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Question Posted: August 31, 2023 12:11:11