Question 50 Chapter 9 of +2-A 50. Office Products Ltd, issued on 1st April 2018, 20,000, 9% Debentures of 100 each at a premium of 10% redeemable at a premium of 5% after 5 years. The issue price was Read More …
Question 49 Chapter 9 of +2-A 49. On 1st April 2015. Mathew Ltd. issued 10,000, 9% Debentures of 100 each at a discount of 5%, redeemable at a premium of 5%. These debentures were redeemable as follows:On 31st March Read More …
Question 48 Chapter 9 of +2-A 48. On 1st April 2017, Solar Power Ltd. issued 10,000, 8% Debentures of 100 each at a discount of 5% redeemable at a premium of 15% at the end of five years. All Read More …
Question 47 Chapter 9 of +2-A 47. On 1st June 2017, 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 end of five years. All Read More …
Question 46 Chapter 9 of +2-A 46. Global Ltd. issued 10,000, 8% Debentures of 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of 9.Pass the Journal Read More …
Question 45 Chapter 9 of +2-A 45. On 1st January 2017, Raha Ltd. issued 6,000, 8% Debentures of the nominal face value of Rs 100 each redeemable at 5% premium in equal proportions at the end of 5, 10 and Read More …
Question 44 Chapter 9 of +2-A 44. A limited company issued Rs 1,00,000, 9% Debentures at a discount of 6% on 1st April, 2017. These debentures are to be redeemed equally, spread over 5 annual instalments.Pass the Journal entries for Read More …
Question 43 Chapter 9 of +2-A 43. Kitply Ltd.issued Rs 2,00,000, 10% Debentures at a discount of 5% .The terms of issue provide the repayment at the end of 4 years. Kitply Ltd.has a balance of Rs 5,00,000 in Securities Read More …
Question 42 Chapter 9 of +2-A 42. On 1st April, 2015, V.V.L.Ltd issued 1,000, 9% Debentures of Rs 100 each at a discount of 6%, redeemable at a premium of 10% after three years. Pass necessary journal entries for the Read More …
Question 41 Chapter 9 of +2-A 41. Bright Ltd. issued 5,000; 10% Debentures of 100 each on 1st April, 2015 . The issue was fully subscribed . According to the terms of issue, interest on the debentures is payable Read More …