Posted inAccountancy Class 12 General
On 1st April, 2024, Solar Power Ltd. issued 10,000
55 :- On 1st April, 2024, Solar Power Ltd. issued 10,000, 8% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 15% at the…
Posted inAccountancy Class 12 General
On 1st June, ,2024, R Energy Ltd. issued 10,000
54 :- On 1st June, ,2024, R Energy Ltd. issued 10,000, 7% Debentures of Rs 100 each at a discount of 10% redeemable at a premium of 10% at the…
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Nipa Limited issued 10,000 Debentures of Rs 100 each
6 :- Nipa Limited issued 10,000 Debentures of Rs 100 each at a premium of 10%, payable 30% of nominal (face) value on application (including premium) and the balance on…
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Question 5 to 10 (Issue of Debentures at premium for Cash)
5 :- Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of Rs 100 each at a premium of Rs 35 per debenture. The full amount was payable on…
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Narain Laxmi Ltd. invited applications for issuing 7,500
5 :- Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of Rs 100 each at a premium of Rs 35 per debenture. The full amount was payable on…
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Garvit Ltd. Invited applications for issuing 3,000
53 :- Garvit Ltd. Invited applications for issuing 3,000, 11% debentures of Rs 100 each at a discount of 6%. The full amount was payable on application. Applications were received…
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Global Ltd. Issued 10,000, 8% Debentures of Rs 100 each
52 :- Global Ltd. Issued 10,000, 8% Debentures of Rs 100 each redeemable in four equal installments by draw of lots from the end of 3 years at a premium…
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On 1st January, 2024, Raha Ltd. Issued 6,000, 8% debentures
51 :- On 1st January, 2024, Raha Ltd. Issued 6,000, 8% debentures of nominal (face) value of Rs 100 each redeemable at 5% premium in equal proportions at the end…
Posted inAccountancy Class 12 General
Question 51 to 54 (Writing Off Discount/Loss on Issue of Debentures)
51 :- On 1st January, 2024, Raha Ltd. Issued 6,000, 8% debentures of nominal (face) value of Rs 100 each redeemable at 5% premium in equal proportions at the end…
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Sujata Ltd. invited applications for issuing 50,000
50 :- Sujata Ltd. invited applications for issuing 50,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at par after 5 years. The debentures were fully…