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

Question No15 - Chapter No.9 - T.S. Grewal +2 Book 2019-Solution-

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Question 15 Chapter 9 of +2-A

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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: – 

     
DateParticulars
L.F.DebitCredit
  Machine A/cDr 5,76,000 
 To B A/c   5,76,000
 (Being asset purchased )    
 Vendor A/cDr 5,76,000 
 Discount on Issue of Debenture A/cDr 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)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

+2 Book 2-min

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