Favorite Ltd. issued ₹15,00,000, 10% debentures on 1 st October, 2012 and interest is payable on 30 th June and 31 st December. Pass journal entries to record debentures interest for accounting years ended on 31 st March

CS Executive · Company Accounts & Auditing Practices · PYQS · June 2014
Favorite Ltd. issued ₹15,00,000, 10% debentures on 1 st October, 2012 and interest is payable on 30 th June and 31 st December. Pass journal entries to record debentures interest for accounting years ended on 31 st March, 2013 and 31 st March, 2014.

Topics: Company Accounts

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