What is the main topic of "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

This guide covers "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +2 Part 1.

Who can benefit from this guide on "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.

Where can I practice questions related to "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1" instantly.

Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1

⚡

Quick Overview & Key Takeaways

Focus Topic:Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1

Estimated Reading Time:1 mins

Comprehensive academic guide covering core concepts of Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1.
Syllabus-aligned study material with detailed definitions, formats, and practical examples.
Interactive check: Includes a custom practice quiz at the bottom of the article to self-evaluate knowledge.

Question 32 Chapter 10 of +2-Part-1

32. (Purchased & Held as an investment & cancelled) On 1 October, purchased its own 200 debentures as investment @ Rs. 97. These investment were cancelled on 31 March, 2016. Pass necessary entries. Ignore DRR, DRI & Interest.

The solution of Question 29 Chapter 10 of +2 Part-1:-

Journal

Date	Particulars		Debit ₹	Credit ₹
2015
Oct. 1	Own Debentures A/c	Dr.	19,400
	To Bank A/c			19,400
	(Being 200 debentures purchased as investment)
2016
Mar. 31	Debentures A/c	Dr.	20,000
	To Own Debentures A/c			19,400
	To Profit on Redemption A/c			600
	(Being own debentures cancelled)
2016
Mar. 31	Profit on Redemption A/c		600
	To Capital Reserve A/c			600
	(Being profit on redemption transferred to Capital Reserve)

It all about Question 32 Chapter 10 of +2-Part-1, If you have any problem please comment below.

https://tutorstips.com/redemption-of-debentures-explained-with-an-example/

Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1

Quick Overview & Key Takeaways

The solution of Question 29 Chapter 10 of +2 Part-1:-

Sarbjit SinghB.Com and M.Com

❓ Frequently Asked Questions

What is the main topic of "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

Who can benefit from this guide on "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

Where can I practice questions related to "Question 32 Chapter 10 of +2-Part-1 - USHA Publication 12 Class Part - 1"?

Leave a Reply

Add your comment

Next to Read

Question 26 Chapter 3 of USHA Publication 12 Class Part - 1

Question 25 Chapter 3 of USHA Publication 12 Class Part - 1

Question 24 Chapter 3 of USHA Publication 12 Class Part - 1