T S Grewal class 12 solutions Issue of Debentures 2025-2026 (Q Nos 41 to 50)
Need T S Grewal Issue of Debentures solutions 2025-2026 for your Class 12 Accounts exams? We've got you covered! Below you will find clear explanations and solutions for all the T S Grewal Issue of Debentures questions (Q Nos 51 to 60) following the latest CBSE/ICSE/State Boards curriculum (2025-2026).
These in-depth solutions are perfect for both students and teachers. Explore detailed working notes for each question to solidify your understanding of Partnership Accounts Issue of Debentures class 12.
These solutions are also valuable for CA Foundation Issue of Shares , and other professional courses like CS Foundation accounts and CMA Foundation accounts.
Issue of Shares
in question number 56 ii part
second entry will be
debenture application and allotement A/C 450000
loss on issue of debenture A/C 100000
to 10% Debenture A/C 500000
TO Premium for Redemtion of Debenture A/C 50000
Both are correct. You can merge Discount on issue of Debentures A/c and Loss on Issue of Debentures A/c. But writing them separately gives more clarity
same as told about ques 56 ii part in 57ii part