Question - 46

Journalize the following:

  1. A debenture issued at Rs. 95, repayable at Rs. 100.
  2. A debenture issued at Rs. 95, prepayable at Rs. 105.
  3. A debenture issued at Rs. 100, repayable at Rs. 105.
The face value of debenture in each of the above cases is Rs. 100.

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