38 :- Chiranjeevi Limited issued 2,000, 10% Debentures of ₹ 100 each. Pass the necessary Journal entries for the issue of debentures in the following cases:
(a) When debentures were issued at 10% premium, redeemable at 5% premium.
(b) When debentures were issued at 5% discount, redeemable at 10% premium.
(c) When debentures were issued at par, redeemable at a premium of 10%.
Solution :-
