Grown Ltd. issued 500, 10% Debentures of ₹ 1,000 each credited as fully paid-up to the promotors for their services to incorporate the company. It also issued 100, 10% Debentures of ₹ 1,000 each credited as fullyh paid-up to the underwriters towards their commission. Pass the Journal entries.
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Worked as a lecturer , educator
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.