(Issue of Debentures as Collateral Security). X Ltd. secured a loan of Rs. 8,00,000 from the Bank of Baroda by issuing 10,000, 9% Debentures of Rs. 100 each as a collateral security. How will you show the issue of such debentures in the Balance Sheet?

Class 12 Accounts in Class 12 3 years ago

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SOLUTION :FIRST METHOD (When ENTRY is not PASSED):

Posted on 04 Dec 2021, this text provides information on Class 12 related to Accounts in Class 12. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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