Question 22 Chapter 10 of +2-A 22. ‘Ananya Ltd.’ had an authorized capital of 10,00,00,000 divided into 10,00,000 equity shares of 100 each. The company had already issued 2,00,000 shares. The dividend paid per share for the year ended 31st Read More …
Question 21 Chapter 10 of +2-A 21. Tata Motors Ltd. issued 40,000;7% Debentures of 100 each on 1st July 2009 redeemable at a premium of 5% as under: On 31st March 2015 16,000 Debentures On 31st March 2016 Read More …
Question 20 Chapter 10 of +2-A 20. Venus Ltd. had 9,000, 9% Debentures of 100 each due for redemption. These debentures are to be redeemed in 3 equal instalments starting from 31st March 2015 at a premium of 10%. The Read More …
Question 19 Chapter 10 of +2-A 19. Hp Ltd. has 1,00,000;8% Debentures of 50 each due for redemption in five equal annual installments starting from 30th June, 2015. Debentures Redemption Reserve has a balance of 5,00,000 on that date . Read More …
Question 18 Chapter 10 of +2-A 18. Rich sugar Ltd. issued 20 Lakh ,8% Debentures divided into debentures of 100 each on 1st April 2013, redeemable in four equal annual instalments starting from 31st March 2016. The company decided to Read More …
Question 17 Chapter 10 of +2-A 17. On 1st April 2013 the following balances appeared in the books of Blue and Green Ltd.: 12%Debentures Redeemableon31stAugust, 2015 20,00,000 Debentures Redemption Reserve 2,00,000 The company met the requirements of Companies Act, 2013 Read More …
Question 16 Chapter 10 of +2-A 16. Mahima Ltd. issued 38,00,000, 9% Debentures of 100 each on 1st April 2013. The debentures were redeemable at a premium of 5% on 30th June 2015. The company transferred an amount of 9,50,000 Read More …
Question 15 Chapter 10 of +2-A 15. On 1st April 2016, following were the balances of Blue Bird Ltd.: 10% Debentures redeemableon30thSeptember, 2017 15,00,000 Debentures Redemption Reserve 2,00,000 The company met the requirements of the Companies Act, 2013 regarding Read More …
Question 14 Chapter 10 of +2-A 14. Apollo Ltd. issued 21,000; 8% Debentures of 100 each on 1st April 2013 redeemable at a premium of 8% on 30th June 2019. The company decided to transfer the required amount to Debentures Read More …
Question 13 Chapter 10 of +2-A 13. Godrej Ltd. has 20,000; 7% Debentures of 100 each due for redemption on 31st August 2018. There is a balance of 3,50,000 in Debentures Redemption Reserve Account as on 31st March 2016. Investment, Read More …