Question - 42

Pass journal entries for the issue of debenture in the following cases :

  1. Issued Rs. 10,000; 5% debentur at par redeemable at par.
  2. Issued Rs. 10,000; 5% debenture at a discount of 5% redeemable at par.
  3. Issued Rs. 10,000; 5% debenture at a premium of 5% redeemable at par.
  4. Issued Rs. 10,000; 5% debenture at par redeemable at a premium of 5%.
  5. Issued Rs. 10,000; 5% debenture at a discount of 5% redeemable at a premium of 5%.

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