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Pass necessary Journal entries for dissolULIUNUL 19. On 1st June, 2018. Max Ltd, issued 6,000: 10% Debentures of 100 each at a discou. of 6% redeemable at a premium of 4%. It has a balance of <40,000 in Securitie Premium Reserve. Pass the Journal entries for issue of debentures and writing loss and prepare Loss on Issue of Debentures Account.

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