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

Question 11 Chapter 10 of Class 12 Part – 2 – 2024 11. (Redemption in Lumpsum Balance of DRR/ Profit and Loss given/discount on Debenture) The following balances exist in the books of a listed limited company as on1-4-17: Advertisement Read More …

Question 10 Chapter 10 of Class 12 Part – 2 – 2024 10. (Redemption in Lumpsum/Balance of DRR is given) X Ltd. an unlisted co., had ₹ 8,00,000, 9% Debentures, due to be redeemed on 1st October, 2016 at a Read More …

Question 9 Chapter 10 of Class 12 Part – 2 – 2024 9. (Redemption in Lumpsum) Y Ltd., a listed co., redeemed Rs. 50,00,000, 8% Debentures at a premium of 10 % 31st March 2017. Pass necessary Journal entries for Read More …

Question 8 Chapter 10 of Class 12 Part – 2 – 2024 8. (Redemption out of Capital/Lumpsum) X Ltd., listed co, on 1st January, 2014, issued 6,000 10% Debentures of Rs. 100 each at par, these debentures were redeemed on Read More …

Question 7 Chapter 10 of Class 12 Part – 2 – 2024 7. (Redemption in Lumpsum) An unlisted company has to redeem Rs. 6,00,000 10% redeemable debentures on 31 May, 2016. Journalise the redemption entries assuming all legal requirements are Read More …

Question 6 Chapter 10 of Class 12 Part – 2 – 2024 6. (Journal) On 31 March 2017, an unlisted company has Rs. 15,00,000 10% Debentures outstanding. These are to be redeemed on 30th June, 2018. Ignore interest and tax. Read More …

Question 5 Chapter 10 of Class 12 Part – 2 – 2024 5. (Journal) UTI has Rs. 10,00,000 95. Debentures of RS. 100 each due for redemption. Pass Journal entries. Advertisement Video Tag: The solution of Question 5 Chapter 10 Read More …

Question 4 Chapter 10 of Class 12 Part – 2 – 2024 4. (Amount of DRR/Journal) ICICI issued 5,000, 10%. Debentures of Rs. 100 each on 1st April, 2019, How much amount of DRR is required before the redemption Record Read More …

Question 3 Chapter 10 of Class 12 Part – 2 – 2024 3. (Amount of DRR/Journal) Punjab National Bank has Outstanding Balance of 3,000 9% Debentures of Rs. 100 each on 31st March, 2015. These are redeemable on 20th August, Read More …

Question 2 Chapter 10 of Class 12 Part – 2 – 2024 Tata Ltd. had issued on 1st April, 2015, 20,000 11% Debentures of 100 each redeemable by draw of lots as under. Advertisement Video Tag: (i) During the year Read More …