XYZ Ltd., issued 1,000 8% debentures of Rs. 100 each. Give appropriate journal entries in the books of the company, if the debenture were issued as follows: (1) Issued at par, redeemable at par. (2)...

Extracted text: XYZ Ltd., issued 1,000 8% debentures of Rs. 100 each. Give appropriate journal entries in the books of the company, if the debenture were issued as follows: (1) Issued at par, redeemable at par. (2) Issued at a discount of 5%, repayable at par. (3) Issued at a premium of 10%, repayable at par. (4) Issued at par, redeemable at a premium of 10%. (5) Issued at a discount of 5%, repayable at a premium of 10%.