B Ltd. issued 9% Debentures of ₹ 100 each at a premium of 20% to Vendors for purchase of plant costing ₹ 6,00,000. Pass the necessary Journal entry for the payment made to vendors.
Solutions :
Q. 18 Class 12 – Issue of Debentures Solution TS Grewal (2025-26) [CBSE] Explained
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M Meenakshi
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I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.