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 Journal entries for issue of debentures in the books of Bingo Ltd.
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 above transactions in the Books of ZK Ltd.
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 the necessary Journal entries for the issue of debentures in the books of Sakshi Ltd.
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 of issue, Rs 4 is payable on application and balance on allotment of debentures. Record necessary Journal entries regarding issue of 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 at 10% premium, redeemable at 5% premium.
(b) When debentures were issued at 5% discount, redeemable at 10% premium.
(c) When debentures were issued at par, redeemable at a premium of 10%.
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 at a premium of 5% after 3 years.
(ii) Issued 8,000, 9% Debentures of ₹ 100 each at a discount of 6% redeemable at a premium of 3% after 5 years.
(iii) Issued 90,000, 9% Debentures of ₹ 100 each at par, redeemable at par after 4 years.