CBSE 2022 · Region 2 · Set 1 · Q8

Pass the necessary journal entries in the books of Pankaj Limited for the issue of Debentures in the following cases : (a) Issued $\displaystyle 7500$, $\displaystyle 10$% Debentures of ₹ $\displaystyle 100$ each at a discount of ₹ $\displaystyle 10,000$ redeemable at a premium of $\displaystyle 5$%. (b) Issued $\displaystyle 5000$, $\displaystyle 10$% Debentures of ₹ $\displaystyle 100$ each at a premium of $\displaystyle 10$% redeemable at a premium of $\displaystyle 10$%. (c) Issued $\displaystyle 1000$, $\displaystyle 9$% Debentures of ₹ $\displaystyle 100$ each at par redeemable at par. (d) Issued ₹ $\displaystyle 2,00,000$, $\displaystyle 9$% Debentures of ₹ $\displaystyle 100$ each at a discount of $\displaystyle 10$% redeemable at par. (e) Issued $\displaystyle 5000$, $\displaystyle 9$% Debentures of ₹ $\displaystyle 100$ each at $\displaystyle 20$% premium redeemable at par.