CUET Accountancy - The following journal entry appears in the books of X Co. Ltd. Bank A/c Dr. 4,75,000 Loss on issue of debenture A/c Dr. 75,000 To 12% Debentures A/c 5,00,000 To Premium on Redemption of Debenture A/c 50,000 Debentures have been issued at a discount of: | PYQs + Solutions | AfterBoards