[" 33.X Ltd.issued "1,000,9%" Debentures of "₹100" each at a discount of "6%" .These Debentures were redeemal "],[" at a premium of "10%" after five years."],[" Pass necessary Journal entries for issue of debentures and prepare "9%" Debentures Account."]

On 1st April, 2015, V.V.L. Ltd. Issued 1,000, 9% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 10% after three years. Pass necessary Journal entries for the issue of debentures and debentures interest for the year ended 31st March, 2016, assuming that interest is payable on 30th September and 31st March and the rate of tax deducted at source is 10% .

Footfall Ltd. Issue 10,000 Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years. Pass Journal entries for the issue of these debentures.

A limeited company issued ₹ 1,00,000, 9% Debentures at a discount of 6% on 1st April, 2017, These debentures are to be redeemed equally, spead over 5 annual instalments. Pass the Journal entries for issue of debentures and writing off the discount.

Bule Ltd. Issued ₹ 8,00,000, 9% Debentures of ₹ 100 each at per and redeemable at 10% premium at the end of sixth year. Pass Journal entries for issue of debentures.