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XYZ Ltd. Issued 5.000. 10% Debentures of...

XYZ Ltd. Issued 5.000. 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a primium of 10% after 4 years . Give Journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10% .

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