Webb13 apr. 2024 · Chapter 9 Issue of Debentures Chapter 10 Redemption of Debentures Importance of the TS Grewal Solutions The TS Grewal Solutions for Class 12 Accountancy are important for the students of the same class. Through these, they can get answers to those questions on which they get stuck. WebbJournal Entry X Ltd . issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application;20% on allotment and balance after three months. Pass Journal entries. Advertisement Remove all ads Solution Face Value of Debenture = Rs 100 Discount (Rs 100 × 5%) = Rs 5 ∴ Issue Price = Rs 95 Amount Payable as: Journal
ICAI Notes 9.4: Issue of Debentures - 2 - CA Foundation
WebbIllustration 10 : ABC Ltd had Rs.15,00,000, 10% Debentures outstanding as on April, 2012. On 1st Sept. 2012 Company took a loan of Rs.5,00,000 from the Punjab National … Webb9 aug. 2024 · Alok Ltd. issued 7,000, 10% Debentures of Rs.500 each at a premium of Rs.50 per debenture redeemable at a premium of 10% after 5 years. asked Aug 9, 2024 in Accounts by Sakil Alam (64.3k points) company account; issue of debentuer; class-12; 0 votes. 1 answer. jonathan taylor facebook
NCERT Solutions for Class 12 Accountancy Accountancy 2 Issue …
WebbAlka Ltd. issued 5,000, 10% Debentures of Rs 1,000 each at a discount of 10% redeemable at a preminum of 5% after 5 years. According to the terms of issue, Rs 500 was payable on application and the balance amount on allotment of debentures. Record necessary journal entries regarding issue of 10% debentures. WebbAlka Ltd. issued 5,000, 10% Debentures of Rs 1,000 each at a discount of 10% redeemable at a preminum of 5% after 5 years. According to the terms of issue, Rs 500 … Webb5 okt. 2024 · On 1st April, 2015 KK Ltd issued 500, 9% debentures, of Rs.500 each at a discount of 4%, redeemable at a premium of 5% after three years. Pass necessary journal entries for the issue of debentures and debenture interest for the year ended 31st March, 2016 assuming that interest is payable on 30th September and 31st March and the rate … how to install air filters