Issue of Debentures: Problem Solving and Journal Entries

This video tutorial focuses on the issuance and accounting treatment of debentures, particularly when issued at a discount. It explains the journal entries required for debenture transactions, including application, allotment, and calls. The session highlights the similarities between the accounting treatment for debentures and shares, emphasizing the importance of naming debentures due to varying interest rates. The tutorial concludes with a preview of the next session on debenture redemption.

What is the process of transferring amounts from debenture application to debenture capital account?

Describe the similarities between the accounting treatment for shares and debentures.

What will be the next topic discussed in the upcoming session?