Y Ltd redeemed 4,800, 12% debentures of Rs 100 each which were issued at par, at 110 per cent by converting them into equity shares of Rs 10 each issued at a discount of 4%. Journalise.

Y Ltd redeemed 4,800, 12% debentures of Rs 100 each which were issued

1.	Y Ltd redeemed 4,800, 12% debentures of Rs 100 each which were issued at par, at 110 per cent by converting them into equity shares of Rs 10 each issued at a discount of 4%. Journalise.
Answer» Y Ltd redeemed 4,800, $12 %$ debentures of Rs 100 each which were issued at par, at 110 per cent by converting them into equity shares of Rs 10 each issued at a discount of $4 %$ . Journalise.

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Y Ltd redeemed 4,800, 12% debentures of Rs 100 each which were issued at par, at 110 per cent by converting them into equity shares of Rs 10 each issued at a discount of 4%. Journalise.

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