Pass Journal entries. Also give Journal entries for writing off Loss on Issue of Debentures.
Pass Journal entries. Also give Journal entries for writing off Loss on Issue of Debentures.
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Dr. Securities Premium Reserve A/c by ₹ 10,000 and Statement of profit and Loss by ₹ 20,000,
Cr. Loss on Issue of Debentures A/c by ₹ 30,000.
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