Category: Chapter No. 9 Company Accounts (Issue of Debentures)

Question 13 Chapter 9 of Class 12 Part – 2 – 2024 13. (Oversubscription/ Pro-rata allotment) Narendra Ltd. issued 1,000 debentures of each at a discount of 10%. The amount was payable as follows: Advertisement ₹ 25 on application ₹ Read More …

Question 12 Chapter 9 of Class 12 Part – 2 – 2024 12. (Oversubscription/ Pro-rata allotment) Sadhna issued 5,000 9% debentures of ₹ 100 each on the following terms: Advertisement ₹ 30 on application ₹ 20 on allotment ₹ 30 Read More …

Question 8 Chapter 9 of Class 12 Part – 2 – 2024 8. (Issue at Discount/Journal) Z Ltd. Issued 7,500 12 % Debentures of Rs. 100 each at a discount of 10% redeemable at par, payable Rs. 20 on application, Read More …

Question 7 Chapter 9 of Class 12 Part – 2 – 2024 7. (Issue at Discount/Balance Sheet) Sunlight Ltd. issued 9,000, 6 % Debentures of Rs. 100 each at a discount of 5%. Amount was payable as follows: Advertisement ₹ Read More …

Question 6 Chapter 9 of Class 12 Part – 2 – 2024 6. (Issue at Discount/Balance Sheet) X Ltd. Issued 10,000, 12% Debentures of Rs. 100 each.at 6% discount, redeemable at par after 5 years, payable as Rs. 60 on Read More …

Question 5 Chapter 9 of Class 12 Part – 2 – 2024 5. (Issued at Discount/Balance Sheet) Samsung company issued 10,000 12 % Debentures of Rs. 100 each at 10% discount to a political party. The debentures were fully subscribed. Read More …

Question 4 Chapter 9 of Class 12 Part – 2 – 2024 4. (Issue at Premium/Journal/Balance Sheet) Aurangabad Mills Ltd. Issued Rs. 5,00,000,6% Debentures of Rs. 500 each at a premium of 5%. The amount was payable as follows:On application Read More …

Question 3 Chapter 9 of Class 12 Part – 2 – 2024 3. (Issue at Premium) Atlas Ltd. Issue 5,000, 12% Debentures of ₹ 100 each at 10% premium, redeemable at par after 5 years, payable as ₹ 60 an Read More …

Question 2 Chapter 9 of Class 12 Part – 2 – 2024 2. (Issue at Par) Godrej issued 11,000 12% Debentures of ₹ 100 each at par. Full amount was called up on application. Pass Journal entries. Advertisement The solution Read More …

Question 1 Chapter 9 of Class 12 Part – 2 – 2024 1. (Issue at Par) X Ltd. issued 1,000, 5% Debentures of Rs. 100 each at par, payable Rs. 20 on application, Rs. 20 on allotment, Rs. 30 on Read More …