Issued At Discount And Redeemable At Par

Issued At Discount And Redeemable At Premium

Issued At Premium And Redeemable At Par

Issue At Premium And Redeemable At Premium

Issued At Par And Redeemable At Par

Issued At Par And Redeemable At Premium

You are required to pass the journal entries relating to the issue of the debentures in the books of X Ltd., and show how they would appear in its balance sheet under the following cases : (a) 120,8% debenturs of Rs 1000 each are issued at 5% discount and repayable at par. (b) 150,7% debentures of Rs 1000 each are issued at 5% discount and repayble at premium of 10% (c ) 80,9% debentures of Rs 1000 each are issued at 5% premium (d )Another 400 ,8% debentures o fRs 100 each are issued as collateral security against a loan of Rs 40000.

Pass necessary Journal entries for the issue of debentures in the following cases: (a) ₹ 40,000, 12% Debentures of ₹ 100 each issued at a discount of 10% redeemable at par. (b) ₹ 80,000, 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.

Redeemable Debentures

PAR is