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VDO+ Tag:Question 32 Chapter 9 of Class 12 Part – 2 – 2024
32. (Debentures Issued as Collateral Security/Balance Sheet) Agra Shoe company issued 9,000 12% debentures of ₹ 100 each at a 10% premium to the public and 4,000 10% debentures of ₹100 each as security against a bank loan of ₹ 2,50,000. Prepare a Balance Sheet showing both types of debentures.
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Video Tag:The solution to Question 32 Chapter 9 of Class 12 Part – 2 – 2024: –
We are providing a solution of Question 32 Chapter 9 of Class 12 Part – 2 Usha Publication in two formats. one is in Video format and another is in article format. Check out both formats as follows:
1. Check out the Solution of this question in Video Format:-
The video consists solution of question numbers from 30 to 32 Chapter no. 9 class 12 of Usha publication. To check the direct solution of question no. 32 from the following video by using time stamps of the video.
2. Check out the Solution of Question 32 Chapter 9 of Class 12 Part – 2 – 2024 in Article Format:-
a) If entries were passed on debentures were issued as collateral Security
| Balance Sheet |
|||
| Particulars | ₹ |
Particulars | ₹ |
| Reverse & Surplus | Cash at Bank | 12,40,000 | |
| Security premium | 90,000 | ||
| Secured Loans | |||
| 12% Debentures | 9,00,000 | ||
| (9,000 debentures of Rs. 100 each issued for cash) | |||
| (4,000 debentures of Rs. 100 each given as collateral Security) | |||
| Bank Loans | 2,50,000 | ||
| (4,000 debentures of Rs. 100 each given as collateral Security) | |||
| 12,40,000 | 12,40,000 | ||
b) If entries were passed on debentures being issued as collateral Security
| Balance Sheet |
|||
| Particulars | ₹ |
Particulars | ₹ |
| Reverse & Surplus | Cash at Bank | 12,40,000 | |
| Security premium | 90,000 | Debentures Suspense A/c | 4,00,000 |
| Secured Loans | |||
| 12% Debentures | 13,00,000 | ||
| (13,000 debentures of Rs. 100 each issued for cash) | |||
| (4,000 debentures of Rs. 100 each given as collateral Security) | |||
| Bank Loans | 2,50,000 | ||
| (4,000 debentures of Rs. 100 each given as collateral Security) | |||
| 16,40,000 | 16,40,000 | ||
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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 – Ratio Analysis
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication