35 :- ZK Ltd.’ issued Rs 4,00,000, 9% Debentures of Rs 100 each at a discount of 5% redeemable at a premium of 10%. Pass necessary Journal entries for the above transactions in the Books of ZK Ltd.
Solution :-
35 :- ZK Ltd.’ issued Rs 4,00,000, 9% Debentures of Rs 100 each at a discount of 5% redeemable at a premium of 10%. Pass necessary Journal entries for the above transactions in the Books of ZK Ltd.
Solution :-