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Question 2 A company ABC itd issues debenture having face value of $5000. It is issued at par value. Interest to be paid on the
Question 2 A company ABC itd issues debenture having face value of $5000. It is issued at par value. Interest to be paid on the debenture is 6%. The debenture is issued on 1 January 2019 and it matures on 31 December 2019. What will be the double entry for the issued debenture? (2 marks)
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