Category: Chapter No. 10 Company Accounts (Redemption of Debentures)

Question 21 Chapter 10 of Class 12 Part – 2 – 2024 21. (Redeemable by Drawing a lots) A listed company has on 1-4-16 Rs. 4,00,000 10% Debentures of 100 each. These are redeemable by drawing of lots at 5% Read More …

Question 20 Chapter 10 of Class 12 Part – 2 – 2024 20. (Redemption by drawing of lots) Kalyani Publishers, a listed co., issued 7,000 12% Debentures of RS. 100 each at 5% discount on 1 April 2014, which are Read More …

Question 19 Chapter 10 of Class 12 Part – 2 – 2024 19. (Issue of debentures/Redemption in installments and at premium) On 1 April, 2011 Reebock Ltd; an unlisted co, issued 8,000 10% Debentures of 100 each at par, redeemable Read More …

Question 18 Chapter 10 of Class 12 Part – 2 – 2024 18. (Redemption in Installments) An unlisted company issued 12,000 10%. Debentures of Rs. 100 each at Rs. 98 on 1 April 2012. These are redeemable in four annual Read More …

Question 17 Chapter 10 of Class 12 Part – 2 – 2024 17. (Redemption by Drawings of lots) On 31.3.2019, X Ltd, a listed co., had a balance of Rs. 6,00,000, 8% Debentures. Out of these 25% debentures were redeemed Read More …

Question 16 Chapter 10 of Class 12 Part – 2 – 2024 16. X Ltd. issued 1,000, 12% debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 10% out of capital. Give journal entries Read More …

Question 15 Chapter 10 of Class 12 Part – 2 – 2024 15. On 1st April, 2016 Maharana Ltd., an unlisted Co., issued Z 18,00,000, 8% debentures of Z 100 each. The debentures are redeemable at a premium of 5%. Read More …

Question 14 Chapter 10 of Class 12 Part – 2 – 2024 14. On 31.3.2019, X Ltd., an unlisted Co., had ₹ 10,00,000, 12% debentures due for redemption. The company had a balance of ₹ 21,000 in its debenture redemption Read More …

Question 13 Chapter 10 of Class 12 Part – 2 – 2024 13. On 31st March, 2019, Tata Company Ltd., an unlisted Co., has 5,00,000 in 13% Debentures on which interest is outstanding for the year 2018-19 and it is Read More …

Question 12 Chapter 10 of Class 12 Part – 2 – 2024 12. (Partial redemption/Premium on redemption) On 31 May 2017, a company redeemed its 1200 9% Debentures of Rs, 100 each at 5% premium out of the total 6,000 Read More …