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On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures...

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Accounting

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above events in the books of DB Limited for the period 1 March 2001 to 28 February 2007

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