Use app×
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
142 views
in Accounts by (80.1k points)
closed by

Give journal entry on issue of debenture on discount and redeemable at premium.

1 Answer

+1 vote
by (79.7k points)
selected by
 
Best answer

Bank A/c. Dr.

Discount on Issue of Debentures A/c Dr.

Loss on Issue of Debentures A/c Dr.

To Debentures A/c

To Premium on Redemption of Debentures A/c

(Being debentures issued at discount and repayable on premium).

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...