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Question 31 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

Question 31 Chapter 9 of +2-Part-1 - USHA Publication 12 Class Part - 1
Question 31 Chapter 9 of +2-Part-1 - USHA Publication 12 Class Part - 1

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Question 31 Chapter 9 of +2-Part-1

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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 items in balance sheet when entry is passed for debentures.

The solution of Question 31 Chapter 9 of +2 Part-1: –

Solution of Questions 30 to 32 Issue of Debentures Chapter 9 Accounts Part B class 12 PSEB Day 201

Balance Sheet – Schedule III (Part 1)
Particulars
Note No.Figures relating to current reporting PeriodFigures relating to previous reporting Period
IEquity & Liability   
 Shareholders Fund   
 Reserve & Surplus   
 Non current Liabilities   
 300 10% debentures of ₹ 100 each issued as collateral Secruity to bank 3,00,000 
 Bank Loan (Secured against debentures worth Rs. 3,00,000 as collateral; Secruity) 5,00,000 
 Total 8,00,000 
IIAssets   
 Non Current Assets   
 Debentures Suspense A/c 3,00,000 
 Current Assets   
 Cash & Cash equivalent   
 Cash at bank 5,00,000 
 Total 8,00,000 

It all about Question 31 Chapter 9 of +2-Part-1, If you have any problem please comment below.

Issue of Debentures from the point of view of Redemption

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End of Solution

Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 9 – Company Accounts (Issue of Debentures) Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 4 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 13 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 19 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 25 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 31 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Download a PDF of Chapter No. 9 – Company Accounts (Issue of Debentures):

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

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Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

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2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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