X Co. Ltd. issued 5,000, 15% Debenture Bonds of Rs. 100 each at a discount of 10% repayable after 5 years. You are required to Journalize the transaction and give the“Loss on Issue of Debenture Account”in the books of the company over the period. (b) Fluctua...
(a) To invest the moneys of the Company in or otherwise to acquire and hold, and to act as agents fortheissueof,shares,stocks,debentures, debenturestock,scrip, bonds, obligations, notes, securities and investments issued or guaranteed by any company, corporation, trust, firm or person constitu...