31 :- Best Barcode Ltd. took loan of Rs 5,00,000 from a bank giving Rs 6,00,000; 9% Debentures as collateral security. Pass Journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company.
Solution :-

31 :- Best Barcode Ltd. took loan of Rs 5,00,000 from a bank giving Rs 6,00,000; 9% Debentures as collateral security. Pass Journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company.
Solution :-
