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प्रश्न
Record necessary journal entries in the following case:
27,000, 7% debentures of Rs. 100 each issued at par, redeemable at par.
रोजनामा प्रविष्टि
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उत्तर
| Journal Entries | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| 1. | Bank A/c ...Dr. | 27,00,000 | - | |
| To Debenture Application & Allotment A/c | - | 27,00,000 | ||
| (Being application money received) | ||||
| 2. | Debenture Application & Allotment A/c ...Dr. | 27,00,000 | - | |
| To 7% Debentures A/c | - | 27,00,000 | ||
| (Being debentures allotted at par) | ||||
Working Note:
Total Face Value = 27,000 × 100
= 27,00,000
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