TTK Ltd. redeemed 4,000 15% Debentures of 100 each which were issued at a discount of 5%

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TTK Ltd. redeemed 4,000 15% Debentures of ₹100 each which were issued at a discount of 5% by converting them into equity shares of ₹10 each issued at a premium of 25%. Journalise the transactions.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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