Question 15 Chapter 9 of +2-A – T.S. Grewal 12 Class

Question No15 Chapter No.9 T.S. Grewal 2 Book 2019 Solution min min 1024x576 - Question 15 Chapter 9 of +2-A - T.S. Grewal 12 Class

Question 15 Chapter 9 of +2-A

15. Newton Ltd. purchased a Machinery from B for ​₹  5,76,000 to be paid by the issue of 9% Debentures of ​₹  100 each at 4% discount. Journalise the transactions.

The solution of Question 15 Chapter 9 of +2-A: – 

         
Date Particulars
L.F. Debit Credit
   Machine A/c Dr   5,76,000  
  To B A/c       5,76,000
  (Being asset purchased )        
  Vendor A/c Dr   5,76,000  
  Discount on Issue of Debenture A/c Dr   24,000  
  To 6%Debenture A/c       6,00,000
  (Being Debenture Issued)        

 


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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

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2 Book 2 min - Question 15 Chapter 9 of +2-A - T.S. Grewal 12 Class

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