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

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 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 Period Figures relating to previous reporting Period
I Equity & 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  
II Assets      
  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 3 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 16 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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Question 26 Chapter 9 of +2-Part-1 – USHA Publication 12 Class Part – 1

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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

Chapter No. 12 – Financial Statement Analysis

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

Chapter No. 14 – Accounting Ratios

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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.

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

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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