42 :- Pratham Ltd. issued 50,000, 9% Debentures of ₹ 100 each on 1st April, 2024 at 10% discount, redeemable at 10% premium. Interest is payable quarterly on 30th June, 20th September, 31st December and 31st March.
Pass the Journal entries for interest for the period ended 30th June, 2024.
Solution :-
