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Question 41 to 46 (Interest on Debentures)
41 :- Agam Ltd. issued 40,000; 9% Debentures of ₹ 100 each on 1st April, 2024 at a discount of 10% redeemable at a premium of 10%.Assuming that the interest…
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Bright Ltd. issued 5,000; 10% Debentures of ₹ 100 each
43 :- Bright Ltd. issued 5,000; 10% Debentures of ₹ 100 each on 1st April, 2024. The issue was fully subscribed As per the terms of issue, interest on the…
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Pratham Ltd. issued 50,000, 9% Debentures of ₹ 100 each
42 :- Pratham Ltd. issued 50,000, 9% Debentures of ₹ 100 each on 1st April, 2024 at 10% discount, redeemable at 10% premium. Interest is payable quarterly on 30th June,…
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Agam Ltd. issued 40,000; 9% Debentures of ₹ 100 each
41 :- Agam Ltd. issued 40,000; 9% Debentures of ₹ 100 each on 1st April, 2024 at a discount of 10% redeemable at a premium of 10%.Assuming that the interest…
Posted inAccountancy Class 12 General
Pass necessary Journal entries for the issue of debentures
39 :- Pass necessary Journal entries for the issue of debentures in the following cases:(i) Issued ₹ 75,00,000, 9% Debentures of ₹ 100 each at a premium of 10% redeemable…
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Chiranjeevi Limited issued 2,000, 10% Debentures
38 :- Chiranjeevi Limited issued 2,000, 10% Debentures of ₹ 100 each. Pass the necessary Journal entries for the issue of debentures in the following cases:(a) When debentures were issued…
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Question 34 to 40 (Issue of Debentures with Terms of Redemption)
34 :- On 1st April, 2021, Bingo Ltd. issued Rs 20,00,000, 9% Debentures of Rs 100 each at a premium of 10% redeemable at a premium of 5%.Pass the necessary…
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Care Cosmetics Ltd. issued 50,000; 9% Debentures
37 :- Care Cosmetics Ltd. issued 50,000; 9% Debentures of Rs 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years. According to the terms…
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On 1st April, 2018, Sakshi Ltd. issued 1,000, 11% Debentures
36 :- On 1st April, 2018, Sakshi Ltd. issued 1,000, 11% Debentures of Rs 100 each at a discount of 6%, redeemable at a premium of 5% after three years.Pass…
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ZK Ltd.’ issued Rs 4,00,000, 9% Debentures of Rs 100 each
35 :- ZK Ltd.’ issued Rs 4,00,000, 9% Debentures of Rs 100 each at a discount of 5% redeemable at a premium of 10%. Pass necessary Journal entries for the…