Question 33 Chapter 9 of +2-Part-1 33. (Interest on Debentures) Shveta Ltd. issued 40,000, 12% debentures of ₹ 100 each on 1st April, 2017. Interest on these debentures is paid half yearly i.e. on 30th June and 31st December. Pass Read More …
Question 32 Chapter 9 of +2-Part-1 32. (Debentures Issued as Collateral Security/Balance Sheet) Agra Shoe company issued 9,000 12% debentures of ₹ 100 each at 10% premium to the public and 4,000 10% debentures of ₹100 each as security against Read More …
Question 31 Chapter 9 of +2-Part-1 31. (Debentures Issued as Collateral Security/Balance Sheet) A company took a loan of ₹ 5,00,000 from bank @ 10% p.a. It issued 10 % 3,000 Debentures of Rs. 100 each as Show the relevant Read More …
Question 30 Chapter 9 of +2-Part-1 30. (Debentures Issued as Collateral Security/Balance Sheet) Sudha Ltd., being in need of further capital made an issue of 7,500 10% Mortgage Debentures of Rs. 100 each secured on the fixed assets of the Read More …
Question 29 Chapter 9 of +2-Part-1 29. (Various Cases of Redemption) Journalise the following transactions: The face value of debenture is Rs. 1,000.40 debentures issued at Rs. 950 each, repayable at Rs. 1,000 each.(ii) 40 debentures issued at RS. 950 Read More …
Question 28 Chapter 9 of +2-Part-1 28. (Different cases of Issue of Debentures) Give journal entries in each of the following at Rs. 100.alternative cases assuming the face value of a debenture being Rs. 100. A 12% debenture issued at Read More …
Question 27 Chapter 9 of +2-Part-1 27. (Different cases of Issue of Debentures) How will you record the entries relating to issue of debentures in following cases.(i)Rs. 1,00,000 10% Debentures of Rs. 100 each issued at par redeemable at par.(ii) Read More …
Question 26 Chapter 9 of +2-Part-1 26. (Different Cases of Debentures issues for Purchase Consideration other the Cash)X Ltd. Took over the assets of Rs. 3,00,000 and Liabilities of Rs. 10,000 of Y Ltd. For agreed purchase consideration of Rs. Read More …
Question 24 Chapter 9 of +2-Part-1 24. (Issue of Debentures for consideration other than Cash/Balance Sheet) A limited company created RS. 1,00,000 debenture stock, which was issued as follows:(a) to sundry persons for cash at 90 % Rs. 50,000 nominal.(b) Read More …