Best barcode ltd took a loan of ?5lakh from a bank giving ?6 lakh ,9%debentures as collateral security . Pass journal entry regarding issue of debentures and show this loan in balance sheet
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please follow the below link for your query
q-27
https://www.meritnation.com/cbse-class-12-commerce/accountancy/ts-grewal-vol.-ii-2018-/issue-of-debentures/textbook-solutions/59_17_3387_24451_9.57_132840
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please follow the below link for your query
q-27
https://www.meritnation.com/cbse-class-12-commerce/accountancy/ts-grewal-vol.-ii-2018-/issue-of-debentures/textbook-solutions/59_17_3387_24451_9.57_132840
Regards