" Interest payable on debentures is: "

From the following information,determine Cash Flow from Financing Activites : Additional Information : Interest paid on debentures ₹ 10,000.

From the following information , calculate Cash Flow from Financing Activites : Additional Information : Interest paid on debenture ₹ 18,000.

on 1st April, 2018, Sunshine Ltd. Issed ₹ 10,00,000, 15% Debentures of ₹ 100 each at 8% discount payable: ₹ 40 on application, and The balance on allotment. These debentures were to be redeemed at a premium of 5% after five years. All the debentures were subcribed for by the public. Interest on these debentures was to be paid half-yearly which was duly paid by the company. You are required to: (i) Pass Journal entries in the first year of debenture issue (including entries for debenture interest.) (ii) Prepare 15% Debentures Account for the year ending 31st March, 2019.