Give journal entries for the issue of 1,50,000 debentures of Rs. 10 each under the following conditions

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Give journal entries for the issue of 1,50,000 debentures of Rs. 10 each under the following conditions :
(i) Issues at par.
(ii) Issued at 10% premium.
(iii) Issued at 10% discount.

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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Posted Date: May 06, 2021 05:22 AM

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Give journal entries for the issue of 1,50,000 debentures of Rs. 10 each under the following conditions

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Part I Particulars Working Debit Rs Credit Rs Bank Rs 1... View the full answer

Financial Accounting an introduction to concepts, methods and uses

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