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A company took a loan of ₹ 4,00,000 f...

A company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral security.
Explain how will the issue of debentures be dealt with in the books of the company.

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A company took loan of Rs 1000000 from Punjab National Bank and issued 10% debentures of Rs 1200000 of Rs 100 each as a collateral security .Explain how you will deal with thje issue of debentures in the book of the company.

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