NCERT Solutions Class 12 Accountancy Issue and Redemption of Debentures

NCERT Solutions Class 12 Accountancy Issue and Redemption of Debentures. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students. Its easy to learn and can help to get good marks. These NCERT solutions have been made to give detailed answers and explanations which can be easily understood by the students. Accountancy for commerce students is rather so important that in all future cources or even in graduation accountancy is the main subject and if understood properly can bethe most scoring also. You can download the NCERT solutions for free in pdf format. Refer to other links also to download Class 12 Accountancy NCERT solutions, worksheets, sample papers and test papers.

DO IT YOURSELF I

1. Amrit Company Limited purchased assets of the book value of Rs.2,20,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000, 10% debentures of Rs.100 each at a premium of 10%. Record necessary journal entries. 

Class_12_Accountancy_Issue_and_Redemption_of_Debentures

2. A company purchased assets of the value of Rs.1,90,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000,10% debentures of Rs.100 each at a discount of 5%. Record necessary journal entries.

Class_12_Accountancy_Issue_and_Redemption_of_Debentures

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