16 :- Joy Ltd. company bought a Building for Rs 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of Rs 100 each at a discount of 10%.
Give Journal entries.
Solution :-
16 :- Joy Ltd. company bought a Building for Rs 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of Rs 100 each at a discount of 10%.
Give Journal entries.
Solution :-