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Issue of Debentures — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyIssue of Debentures3 Marks
Question
Perfect Barcode Ltd. purchased computers from M/s. Computer Mart and paid the consideration as follows:
  1. 1,000, 10% Debentures of ₹ 100 each at a discount of 10%.
  2. Issued a cheque for ₹ 80,000 for the balance amount.
Pass the journal entry in the books of Perfect Barcode Ltd.
✓

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