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9651.

Mahima Ltd.issued ₹ 38,00,000, 9% Debentures of ₹ 100 each on 1st April, 2013. The debentures were redeemable at a premium of 5% on 30th June, 2015. The company transferred an amount of ₹ 9,50,000 to Debentures Redemption Reserve on 31st March, 2015. Investments as required by law were made in fixed deposit of a bank on 1st April, 2015. Ignoring interest on fixed deposit, pass necessary journal entries starting from 31st March, 2015 regarding redemption of debentures.

Answer»

Mahima Ltd.issued ₹ 38,00,000, 9% Debentures of ₹ 100 each on 1st April, 2013. The debentures were redeemable at a premium of 5% on 30th JUNE, 2015. The company transferred an amount of ₹ 9,50,000 to Debentures Redemption Reserve on 31st March, 2015. Investments as required by law were made in fixed deposit of a bank on 1st April, 2015.Ignoring interest on fixed deposit, PASS necessary journal entries starting from 31st March, 2015 regarding redemption of debentures.Hope it HELPS you to know that

9652.

On 1st April, 2013 the following balances appeared in the books of Blue and Green Ltd.: 12 % Debentures (Redeemable on 31st August, 2015) – ₹ 20,00,000 Debentures Redemption Reserve – ₹ 2,00,000. The company met the requirements of Companies Act, 2013 regarding Debentures Redemption Reserve and Debentures Redemption Investments and redeemed the debentures. Ignoring interest on investments, pass necessary journal entries for the above transactions in the books of company.

Answer»

On 1st April, 2013 the FOLLOWING balances APPEARED in the books of Blue and GREEN Ltd.:12 % Debentures (Redeemable on 31st August, 2015) – ₹ 20,00,000Debentures Redemption Reserve – ₹ 2,00,000.The company met the requirements of Companies Act, 2013 regarding Debentures Redemption Reserve and Debentures Redemption Investments and REDEEMED the debentures.Ignoring interest on investments, pass necessary JOURNAL entries for the above transactions in the books of company. I will be there at your question my number is 9783568257 contact if any

9653.

Rich sugar Ltd. issued ₹ 20 Lakh, 8% Debentures divided into debentures of ₹ 100 each on 1st April, 2013, redeemable in four equal annual installments starting from 31st March, 2016. The company decided to transfer to Debentures Redemption Reserve ₹ 2,50,000 each year on 31st March, 2014 and 2015. The company invested ₹ 3,00,000 in Government securities as required by the Companies Act, 2013. Pass necessary journal entries for the above transactions.

Answer»

gar Ltd. issued ₹ 20 Lakh, 8% Debentures divided into debentures of ₹ 100 each on 1st April, 2013, redeemable in FOUR equal annual INSTALLMENTS starting from 31st March, 2016. The company DECIDED to transfer to Debentures Redemption Reserve ₹ 2,50,000 each year on 31st March, 2014 and 2015.The company invested ₹ 3,00,000 in GOVERNMENT securities as required by the Companies Act, 2013.Pass necessary journal entries for the above transactions. I will be there at your question my NUMBER is 685953268contact

9654.

Apollo Ltd. issued 21,000; 8% Debentures of ₹ 100 each on 1st April, 2011 redeemable at a premium of 8% on 30th June, 2017. The company decided to transfer the required amount to Debentures Redemption Reserve in three equal annual installments starting with 31st March, 2015. Required investment was made in Government Securities on 30th April, 2017. Ignore interest on debentures and also investment. Pass necessary journal entries regarding issue transfer to DRR, investment, and redemption of debentures.

Answer»

Apollo Ltd. issued 21,000; 8% Debentures of ₹ 100 each on 1st April, 2011 redeemable at a premium of 8% on 30th June, 2017. The company decided to TRANSFER the required AMOUNT to Debentures Redemption Reserve in three equal annual installments starting with 31ST March, 2015. Required investment was made in Government Securities on 30th April, 2017. Ignore interest on debentures and ALSO investment.Pass necessary journal entries regarding issue transfer to DRR, investment, and redemption of debentures. I will be there at your question my number is 8631358916

9655.

JB Ltd. issued ₹ 10,00,000; 6% Debentures at a premium of 4% redeemable at a premium of 5% after four years. The debentures were issued on 1st April,2014. Pass journal entries at the time of issue and redemption of debentures assuming that all legal requirements were complied.

Answer»

JB Ltd. issued ₹ 10,00,000; 6% Debentures at a premium of 4% redeemable at a premium of 5% after four years. The debentures were issued on 1st April,2014. Pass JOURNAL entries at the time of issue and redemption of debentures assuming that all legal requirements were complied.I will be there at your HOUSE at your house at your house at your house at your house at your BRAINLY .....hope

9656.

India Textiles Corporation Ltd. has outstanding ₹ 50,00,000; 9% Debentures of ₹ 100 each due for redemption on 31st July, 2017. Pass journal entries for redemption assuming that there is a balance of ₹ 3,00,000 in Debentures Redemption Reserve on the date of redemption.

Answer»

India TEXTILES Corporation Ltd. has outstanding ₹ 50,00,000; 9% Debentures of ₹ 100 each due for redemption on 31st July, 2017. Pass journal entries for redemption assuming that there is a balance of ₹ 3,00,000 in Debentures Redemption Reserve on the DATE of redemption. I will be there at your QUESTION my NUMBER is 9613567892

9657.

On 1st April, 2014, following were the balances of Blue Bird Ltd. 10% Debentures (redeemable on 30th September, 2017) – ₹ 15,00,000 Debentures Redemption Reserve – ₹ 2,00,000 The company met the requirements of the Companies Act, 2013 regarding Debentures Redemption Reserve and Investment and redeemed the debentures. Pass necessary journal entries for the above transactions in the books of the company.

Answer»

On 1st April, 2014, following were the balances of Blue BIRD Ltd.10% Debentures (redeemable on 30th September, 2017) – ₹ 15,00,000Debentures REDEMPTION Reserve – ₹ 2,00,000The company MET the requirements of the Companies Act, 2013 regarding Debentures Redemption Reserve and Investment and redeemed the debentures.Pass necessary journal entries for the above transactions in the BOOKS of the company. I will be there at your question my number is 8526953190.. contact if any query

9658.

Manish Ltd.issued ₹ 40,00,000; 8% Debentures of ₹ 100 each on 1st April, 2016. The terms of issue stated that the debentures are to be redeemed at a premium of 5% on 30th June, 2018. The company decided to transfer ₹ 10,00,000 out of profits to Debentures Redemption Reserve on 31st March, 2017 and ₹ 10,00,000 on 31st March, 2018. Pass journal entries regarding the issue and redemption of debentures, DRR and investment without providing for the interest or loss on issue of debentures.

Answer»

Ltd.issued ₹ 40,00,000; 8% Debentures of ₹ 100 each on 1st April, 2016. The terms of issue stated that the debentures are to be redeemed at a premium of 5% on 30th June, 2018. The company decided to transfer ₹ 10,00,000 out of profits to Debentures Redemption Reserve on 31ST MARCH, 2017 and ₹ 10,00,000 on 31st March, 2018.Pass journal entries regarding the issue and redemption of debentures, DRR and INVESTMENT WITHOUT providing for the interest or loss on issue of debentures. I will be there at your question my number is 9753268268 contact if any QUERY

9659.

On 31st March, 2016, W Ltd. had the following balances in its books: 9% Debentures – ₹ 6,00,000 Debentures Redemption Reserve – ₹ 50,000 Surplus, i.e. Balance in Statement of Profit and Loss – ₹ 3,00,000 On that date, the company decided to transfer ₹ 1,00,000 to Debentures Redemption Reserve. It also decided to redeem debentures of ₹ 3,00,000 on 30th June, 2016. Pass necessary journal entries in the books of the company.

Answer»

On 31st MARCH, 2016, W Ltd. had the following BALANCES in its books:9% Debentures – ₹ 6,00,000Debentures REDEMPTION Reserve – ₹ 50,000Surplus, i.e. Balance in Statement of Profit and Loss – ₹ 3,00,000On that date, the company decided to transfer ₹ 1,00,000 to Debentures Redemption Reserve. It also decided to redeem debentures of ₹ 3,00,000 on 30th JUNE, 2016.Pass necessary journal entries in the books of the company. I will be there at your question my number is 9763233578

9660.

Godrej Ltd. has 20,000; 7% Debentures of ₹ 100 each due for redemption on 31st August, 2017. There is a balance of ₹ 3,50,000 in Debentures Redemption Reserve Account as on 31st March,2015. Investment, as required by the Companies Act, 2013 is made on 1st April, 2016 in fixed deposit bearing interest @ 6 % p.a. Bank deducted TDS @ 10 % on its maturity which is 31st March, 2017. Pass journal entries for redemption of debentures.

Answer»

Godrej Ltd. has 20,000; 7% Debentures of ₹ 100 each due for REDEMPTION on 31st August, 2017. There is a balance of ₹ 3,50,000 in Debentures Redemption Reserve Account as on 31st March,2015. Investment, as required by the Companies ACT, 2013 is made on 1st April, 2016 in fixed deposit BEARING INTEREST @ 6 % p.a. Bank deducted TDS @ 10 % on its maturity which is 31st March, 2017.Pass journal entries for redemption of debentures. I will be there at your question my number is 9752572916

9661.

A Ltd. has credit balance of ₹ 1,26,000 in Surplus, i.e., Balance in Statement of Profit and Loss. Instead of declaring dividend it is resolved to utilize the profits to redeem its ₹ 1,20,000 Debentures redeemable at a premium of 5%. Pass necessary journal entries in the books of the company.

Answer»

:1) Statement of P/L A/c. 120000 To DEBENTURE Holders A/c 1200002) Debenture Holders A/c. 120000 To Bank A/c 120000

9662.

Mansi Ltd. had 6,000; 10% Debentures of ₹ 100 each due for redemption on 31st March, 2017. Assuming that the debentures were redeemed out of profits, pass necessary journal entries for the redemption of debentures. There was a credit balance of ₹ 6,00,000 in Surplus, i.e, Balance in Statement of Profit and Loss.

Answer»

rs.23443 ................

9663.

O What is Trading & Profit & Loss Account?​

Answer»

g:- The most currently popular or widely DISCUSS on online, especially on popular website of SOCIAL media is known as Trending Enample:- Any movie, News , Any FLIM STAR , song.*Profit:- The financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.Example:- When you buy a book on ₹100 then you sold the book on ₹120. you got the profit ₹20.*Loss:- The any financial lose,loss in fact or process of losing something or someone.Example:- when you buy a book ₹100 then you sold in ₹90 then you in loss of ₹10.#MARK as Brainplist answer...

9664.

On 31st March, 2003, G Ltd. had ₹ 8,00,000; 9% Debentures due for redemption. The company had a balance of ₹ 1,40,000 in its Debentures Redemption Reserve. Pass necessary journal entries for redemption of debentures.

Answer»

On 31st March, 2003, G Ltd. had ₹ 8,00,000; 9% Debentures due for REDEMPTION. The company had a balance of ₹ 1,40,000 in its Debentures Redemption Reserve. PASS NECESSARY JOURNAL entries for redemption of debentures. I will be there at your question my number is 9625836910

9665.

Export-Import Bank of India (EXIM Bank) issued 20,000, 10% Debentures of ₹ 100 each through public issue and 10,000, 10% Debentures of ₹ 100 each through private placement. State the amount of investment to be made by EXIM Bank before redemption of debentures.

Answer»

Export-Import Bank of India (EXIM Bank) ISSUED 20,000, 10% DEBENTURES of ₹ 100 each through public ISSUE and 10,000, 10% Debentures of ₹ 100 each through private placement. State the amount of INVESTMENT to be made by EXIM Bank before redemption of debentures. I will be there at your QUESTION my number is 9400743569

9666.

Z Ltd. had issued following debentures: (a) 1,00,000, 10% fully convertible debentures of ₹ 100 each on 1st April, 2016 redeemable by conversion after 5 years. (b) 20,000, 10% Debentures of ₹ 100 each redeemable after 4 years, 25% Debentures in Cash and 75% by conversion. State the amount of DRR required to be created as per the Companies Act,2013.

Answer»

very LONG QUESTION..........

9667.

On 1st May, 2016, Goodluck Ltd. issued 16,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% redeemable after five years. All the debentures were subscribed and allotment was made. Discount on issue of Debentures is to be written off over the life of the debentures. Prepare the Balance Sheet (extract) as at 31st March, 2017 showing Discount on issue of Debentures.

Answer»

On 1st May, 2016, Goodluck Ltd. ISSUED 16,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at a PREMIUM of 10% redeemable after five years. All the debentures were subscribed and allotment was made. Discount on ISSUE of Debentures is to be written off over the life of the debentures.Prepare the Balance Sheet (extract) as at 31st MARCH, 2017 showing Discount on issue of Debentures. I will be there at your question contact me if any query

9668.

SRCC Ltd. has issued on 1st April, 2016, 20,000, 12% Debentures of ₹ 100 each redeemable by draw of lots as under: During the year ended on 31st March, 2017 – 15 % During the year ended on 31st March, 2018 – 25 % During the year ended on 31st March, 2019 – 15 % During the year ended on 31st March, 2020 – 25 % During the year ended on 31st March, 2021 – 20 % How much minimum investment or deposit should be made by SRCC Ltd. as per Companies Act, 2013 before redemption of debentures? When should it be made ?

Answer»

tion:2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.

9669.

IFCI Ltd.(An All India Financial Institution) issued 10,00,000; 9% Debentures of SRCC Ltd. ₹ 50 each on 1st April, 2011 redeemable on 1st April, 2017. How much amount of Debentures Redemption Reserve is required before the redemption of debentures ? Also,pass journal entries for issue and redemption of debentures.

Answer» SORRY I didn't KNOW the ANSWER
9670.

Global Ltd.issued 10,000, 8% Debentures of ₹ 100 each redeemable at the end of 3 years at a premium of ₹ 9. Pass the journal entries for writing off the Loss on Issue of Debentures. Also prepare Loss on Issue of Debentures Account.

Answer» GLOBAL Ltd.issued 10,000, 8% DEBENTURES of ₹ 100 each redeemable at the end of 3 years at a premium of ₹ 9.Pass the journal entries for writing off the LOSS on ISSUE of Debentures. ALSO prepare Loss on Issue of Debentures Account. hope it helps if any query contact me.... hope you are
9671.

Dow Ltd. issued ₹ 2,00,000; 8% Debentures of ₹ 10 each at a premium of 8% on 30th June, 2016 redeemable on 31st March, 2018. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures?

Answer» DOW Ltd. issued ₹ 2,00,000; 8% Debentures of ₹ 10 each at a premium of 8% on 30th June, 2016 redeemable on 31st MARCH, 2018. How much AMOUNT should be TRANSFERRED to Debentures Redemption Reserve before redemption of debentures?I will be there at your QUESTION my number is 9300265368
9672.

Nirbhai Chemicals Ltd.issued ₹ 10,00,000; 6% Debentures of ₹ 50 each at a premium of 8% on 30th June, 2017 redeemable on 30th June, 2018. The issue was fully subscribed. Pass journal entries for issue and redemption of debentures. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures? Also, state how much amount should be invested in specified securities ?

Answer»

Nirbhai Chemicals Ltd.issued ₹ 10,00,000; 6% Debentures of ₹ 50 each at a premium of 8% on 30th June, 2017 redeemable on 30th June, 2018. The issue was fully SUBSCRIBED. Pass journal entries for issue and redemption of debentures. How MUCH amount should be transferred to Debentures Redemption RESERVE before redemption of debentures? ALSO, STATE how much amount should be invested in specified securities ?I will be there at your question my number is 9636215750

9673.

On 1st June, 2015, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years. All the debentures were subscribed and allotment was made. Loss on issue of Debentures is to be written off over the life of the debentures. Prepare the Balance Sheet (extract) as at 31st March, 2016 and 31st March, 2017 showing Loss on issue of Debentures.

Answer»

On 1st June, 2015, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the END of five years. All the debentures were subscribed and ALLOTMENT was made. Loss on issue of Debentures is to be written off over the life of the debentures.Prepare the Balance Sheet (EXTRACT) as at 31ST March, 2016 and 31st March, 2017 showing Loss on issue of Debentures. I will be there at your question about the question u may contact if any query

9674.

A public limited company is a manufacturer of chemical fertilisers. Its annual turnover is ₹ 50 crores. The company had issued 5,000, 12% Debentures of ₹ 500 each at par. Calculate the amount of Debentures Redemption Reserve which needs to be created to meet the requirements of law.

Answer»

tion:COMPANY had issued 5,000, 12% DEBENTURES of ₹ 500 each at par. CALCULATE the amount of Debentures Redemption Reserve which needs to b....hiiy...fol me

9675.

Kitply Ltd.issued ₹ 2,00,000, 10% Debentures at a discount of 5%. The terms of issue provide the repayment at the end of 4 years. Kitply Ltd.has a balance of ₹ 5,00,000 in Securities Premium Reserve. The company decided to write off discount on issue of debentures from Securities Premium Reserve in the first year. Pass the journal entry.

Answer»

Kitply Ltd.issued ₹ 2,00,000, 10% Debentures at a DISCOUNT of 5%. The terms of issue provide the REPAYMENT at the end of 4 years. Kitply Ltd.has a balance of ₹ 5,00,000 in Securities Premium Reserve. The company DECIDED to write off discount on issue of debentures from Securities Premium Reserve in the FIRST year.Pass the journal entry.I have solved it any QUERY contact me Jai brainly

9676.

Feeble Ltd.issued 10% Debentures at 94% for ₹ 20,00,000 on 1st July, 2013 repayable by five equal annual installments of ₹ 4,00,000 each starting from 30th June, 2014. Calculate the amount of discount to be written off in every accounting year assuming that the company decides to write off the debentures discount during the life of the debentures.

Answer»

tion:June, 2014. Calculate the AMOUNT of discount to be written off in every accounting YEAR ASSUMING that the company decides to write off the debentures discount during the LIFE of the de..hibye....

9677.

On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of ₹ 100 each at a discount of 4% redeemable after 5 years at a premium of 6%. Pass the necessary journal entries for issue of debentures and writing off Loss on issue of Debentures. Also prepare Loss on issue of Debentures Account.

Answer»

On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of ₹ 100 each at a discount of 4% REDEEMABLE after 5 years at a PREMIUM of 6%.Pass the necessary journal entries for issue of debentures and writing off Loss on issue of Debentures. Also prepare Loss on issue of Debentures Account.I will be there at your question if any query CONTACT me.. hope you helps

9678.

Typhoo Ltd.issued 5,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 10%. Typhoo Ltd.has a balance of ₹ 2,00,000 in Securities Premium Reserve. Loss on Issue of debentures is to be written off equally over the life of debentures from Securities Premium Reserve to the extent possible. Pass the journal entries for writing off the Loss on Issue of Debentures.

Answer»

which CLASS QUESTION is this. . 20000.

9679.

Tetley Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 10%. Tetley Ltd. has a balance of ₹ 50,000 in Securities Premium Reserve. Loss on Issue of debentures is to be written off equally over the life of debentures. Pass the journal entries for writing off the Loss on Issue of Debentures.

Answer»

Tetley Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a DISCOUNT of 5% REDEEMABLE at the end of 5 years at a premium of 10%. Tetley Ltd. has a balance of ₹ 50,000 in Securities Premium RESERVE. Loss on Issue of debentures is to be written off equally over the life of debentures.Pass the journal entries for writing off the Loss on Issue of Debentures.I have solved it you may CONTACT if any QUERY

9680.

Grand Hotels Ltd.issued 30,000, 7% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5%. It decided to write off loss on issue of debentures first from Capital Reserve then from Securities Premium Reserve and balance from Statement of Profit and Loss. It has balances as follows: Capital Reserve – ₹ 80,000 and Securities Premium Reserve – ₹ 1,00,000. Pass the journal entry for writing off loss on Issue of Debentures.

Answer»

Capital Reserve then from SECURITIES PREMIUM Reserve and balance from Statement of Profit and Loss. It has BALANCES as follows:Capital Reserve – ₹ 80,000 and Securities Premium Reserve – ₹ 1,00,000.Pass the journal entry for writing off loss on ISSUE of Debentures.Hope it helps Jai BRAINLY

9681.

Opening stock+purchase-purchase return+direct expences-closing stock=? (a) cost of raw material (b) gross profit(c) cost of goods sold. (d) closing stock

Answer» C) COST of goods SOLD..it is the correct ANSWER
9682.

Kangaroo Ltd. issued 5,000, 8% Debentures of ₹ 100 each at a discount of 8%. The company decided to write off discount in the year of loss from Capital Reserve which has a balance of ₹ 1,00,000. Pass the journal entry for writing off discount.

Answer»

tion:2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.(2) कारणे लिहा:(i) उत्तरपत्रिका घरून आणावी लागायची.vucj j hchcucy call me at the INTENDED RECIPIENT you are not the intended recipient please notify us and we are not FILTERED into you are doing this for you are doing WELL I am maharatra I will be in the

9683.

A company issued 9% Debentures of ₹ 10,00,000 at 8% discount, redeemable at par. The debentures are to be redeemed by drawings method in the following manner: Calculate the amount of discount on issue of debentures to be written off each year.

Answer»

are to be redeemed by DRAWINGS method in the FOLLOWING manner:CALCULATE the AMOUNT of discount on issue of debentures to be ....HI

9684.

On 1st April 2012, Z Ltd. issued ₹ 10,00,000, 10% Debentures of ₹ 100 each at 94% redeemable at par. The debentures are to be redeemed by drawings method in the following manner: Calculate the amount of discount on issue of debentures to be written off each year.

Answer»

drawings METHOD in the FOLLOWING MANNER:CALCULATE the amount of ....FOLLOW me......

9685.

On 1st April, 2014, Popular Ltd. issued 20,000; 10% Debentures of ₹ 100 each at a discount of 10% redeemable at par. Show the Discount on Issue of Debentures Account if (a) such debentures are redeemable after 4 years, and (b) such debentures are redeemable by equal annual drawings in 4 years, starting from 31st March, 2015. Popular Ltd. follows financial year as its accounting year.

Answer»

tion:DEBENTURES are redeemable by equal annual DRAWINGS in 4 years, starting from 31st March, 2015. Popular Ltd. follows FINANCIAL year as its ACCOUNTING...by...hifollow me...ok

9686.

A limited company issued ₹ 10,00,000; 9% Debentures at a discount of 6% on 1st April, 2014. These debentures are to be redeemed equally, in 5 annual installments starting from 31st March, 2015. Discount on Issue of Debentures is written off during the tenure of debentures. Pass the journal entries for issue of debentures and writing off the discount.

Answer»

A LIMITED company issued ₹ 10,00,000; 9% Debentures at a discount of 6% on 1st April, 2014. These debentures are to be redeemed equally, in 5 annual installments STARTING from 31st MARCH, 2015. Discount on Issue of Debentures is written off during the tenure of debentures.Pass the journal entries for issue of debentures and writing off the discount. contact me if any query hope you are having a good day contact me if any query

9687.

X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue, debentures are to be redeemed at the end of five years. Show the amount of discount to be written off from Statement of Profit and Loss every year.

Answer» ANTE ACCOUNTANCY K BARE me KUCH
9688.

On 1st April, 2015, V.V.L. Ltd issued 1,000, 9% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 10% 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 of tax deducted at source is 10%. The company closes its books on 31st March every year.

Answer»

n On 1-4-2015 V.V.L. Ltd ISSUED 1000, 9% DEBENTURES of Rs 100 Each at a Discount of 6%, Redeemable at a Premium of 10% After THREE Years. Concept: Issue of Debentures at Par at Premium and at Discount.HOPE THIS HELPSFOLLOW ME

9689.

XYZ Ltd.issued 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.

Answer»

n:                                             Books of XYZ Ltd.                                              Journal Entries  DATE       PARTICULARS                                                      Debit Rs.    Credit Rs. 2015        Bank A/C                                               DR.   4.50,00To Debenture Application Ac 4,50,000 (Being application money received) In APRIL Debenture Application A/c                     Dr. 4,50,00( Lou On Issue of Debentures Ac                        Dr. 1,00,00To 10% Debenture A/C                                                                 5,00,000 To premium on Redemption A/c                                                   50,000 (Beta 5.000 debentures of Rs.100 each issued at 10% discount with the TERM repayable at premium of 10%) 2015 30 Sep             Interest on Debentures ke       Dr.   25,000                     To Debenture holders Ac                                         22,500                            To Income Tax Payable Ac                                         2,500 (Being interest due on 10% debentures)                    Debenture holders A/c                  Dr.   22,500                    To Bank A/c                                                                22,500 (Being interest on debentures paid to debenture holders) 30' Sep       Income Tax Payable A/c              Dr.    2,500                        To Bank AC                                                            2,500 (Bens payment of tax on interest on debentures) 2016 31" Mar              Interest on debentures Ac         Dr. 25,03                        To Debentures holders Ac                                     22,500                      To Income Tax Payable A/c                                      2,500 (Being interest due on 10% debentures)  31" Mar             Debenture holders Ac               Dr.   22,500                             To Bank Ac                                                          22,500 (Being interest on debentures pad to debenture bolder.)                      Income Tax Payable A/c              Dr.   2,500                              To Bank Ac                                                           2,500 (Being payment of tax on interest on debentures)                        Profit and Loss Ac                     Dr.   50,000             To Interest on debentures A/c                                         50,000 (Being interest on debentures transferred to profit and loss account)  Working Note: Interest on Debentures (6 months) = 5,00,000 x x = 25,000

9690.

Bright Ltd. issued 5,000; 10% Debentures of ₹ 100 each on 1st April, 2015. The issue was fully subscribed. According to the terms of issue, interest on the debentures is payable half-yearly on 30th September and 31st March and the tax deducted at source is 10%. Pass necessary journal entries related to the debenture interest for the year ending 31st March, 2016 and transfer of interest on debentures of the year to the Statement of Profit and Loss.

Answer»

. issued 5,000, 10% Debentures of ₹ 100 each on 1st APRIL, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give JOURNAL entries for the year ended 31st March, 2016, ASSUMING that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.HOPE THIS HELPS!!

9691.

Pass necessary journal entries for the issue of Debentures in the following cases: (a) ₹ 40,000; 15% Debentures of ₹ 100 each issued at a discount of 10% redeemable at par. (b) ₹ 80,000; 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.

Answer»

Pass NECESSARY journal entries for the issue of Debentures in the following cases:(a) ₹ 40,000; 15% Debentures of ₹ 100 each ISSUED at a discount of 10% redeemable at par.(b) ₹ 80,000; 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.Jai brainly.. hope it helps you to KNOW that... brainly

9692.

Pass necessary journal entries for the issue of Debentures in the following cases: (a) ₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par. (b) ₹ 70,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at a premium of 110.

Answer»

Pass necessary journal entries for the issue of Debentures in the FOLLOWING cases:(a) ₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par.(b) ₹ 70,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at a premium of 110.Hope you are having a good DAY and I will SEE you at the next meeting is on the way hope you are having no query

9693.

Journalise the following transaction at the time of issue of 12% Debentures: Nandan Ltd. issued ₹ 90,000, 12% Debentures of ₹ 100 each at a discount of 5% redeemable at 110%.

Answer»

e your answer isXYZ LTD. issued 5,000, 10% Debentures of ₹ 100 each on 1st APRIL, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, ASSUMING that the INTEREST was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.HOPE THIS HELPS

9694.

Pass necessary journal entries relating to the issue of Debentures for the following: (a) Issued ₹ 4,00,000; 9% Debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium. (b) Issued ₹ 6,00,000; 9% Debentures of ₹ 100 each at par, repayable at a premium of 10%. (c) Issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a premium of 5%,redeemable at par.

Answer» PASS necessary journal entries relating to the issue of Debentures for the following:(a) Issued ₹ 4,00,000; 9% Debentures of ₹ 100 each at a premium of 8% REDEEMABLE at 10% premium.(B) Issued ₹ 6,00,000; 9% Debentures of ₹ 100 each at PAR, repayable at a premium of 10%.(c) Issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a premium of 5%,redeemable at par.Hope it HELPS be brainly
9695.

Pass necessary journal entries relating to the issue of Debentures for the following: (a) Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. (b) Issued ₹ 30,000; 10% Debentures of ₹ 100 each at a premium of 10% and redeemable at a premium of 15%. (c) Issued ₹ 80,000; 10% Debentures of ₹ 100 each at par repayable at a premium of 10%.

Answer» C is the CORRECT ANSWER
9696.

Footfall Ltd.issues 10,000 Debentures of Pass necessary journal entries relating to the issue of Debentures for the following: (a) Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. (b) Issued ₹ 30,000; 10% Debentures of ₹ 100 each at a premium of 10% and redeemable at a premium of 15%. (c) Issued ₹ 80,000; 10% Debentures of ₹ 100 each at par repayable at a premium of 10%. 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years. Pass journal entries for the issue of these debentures.

Answer»

(c) ISSUED ₹ 80,000; 10% Debentures of ₹ 100 each at par REPAYABLE at a premium of 10%. 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years.Pass JOURNAL ENTRIES for the issue of these debenturesHope it helps brainly

9697.

Pass journal entries in the following cases: (a) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a premium of 5% redeemable at par. (b) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a discount of 10% redeemable at par. (c) A Co.Ltd. issued ₹ 40,000; 12% Debentures at par redeemable at 10% premium. (d) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a discount of 5% and redeemable at 5% premium. (e) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a premium of 10% redeemable at 110%.

Answer»

e) A Co.Ltd. issued ₹ 40,000; 12% DEBENTURES at a premium of 10% REDEEMABLE at 110%..is the ANSWER

9698.

Journalise the following: (a) A debenture issued at ₹ 95, repayable at ₹ 100. (b) A debenture issued at ₹ 95, repayable at ₹ 105. (c) A debenture issued at ₹95, repayable at ₹ 105. The face value of debenture is ₹ 100 in each of the above cases.

Answer»

the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth SECOND equality before law third right to property for simplified administrative divisions abolished FEDERAL systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rulesRead more on Brainly.in - brainly.in/question/2546254#readmoredo same as this:-Question:-ΔABC is an isosceles triangle in which ∠C= 90° . If AC = 6 CM, then AB=A. 6√2 cmB. 6 cmC. 2√6 CMD. 4√2cm In triangle ABCLet tge altitude be AD on BCAC=25cmAB=25cmBC=14cmTherefore DC= 1/2*BC=1/2*14=7By Pythagoras theorem,AD^2+CD^2=AC^2AD^2+7^2=25^2AD^2+49=625AD^2=625-49AD^2=576AD=24Therefore altitude from A on BC is 24 cmRead more on Brainly.in

9699.

Modi textiles, Delhi consigned to Vinod Enterprises, Calcutta 100 cotton bales. The invoice price of each bale was Rs 1500 each which includes 20% profit on invoice price. The consignor paid Rs. 2500 for insurance and Rs 4000 for carriage and freight. The consignee received cotton bales and sold 75 bales for cash and realised Rs 112500. He incurred Rs 1800 on godown rent and was allowed 10% commission on sales. 5 cotton bales were spoiled in godown and they are to be valued at 50% depreciation. Show consignment account in the books of Modi Textiles. (20)

Answer» TE YOUR ANSWER IScottonbales and sold 75 bales for cash and realised Rs 112500. He incurred Rs 1800 on GODOWN rentand was allowedHOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️
9700.

A company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral security.

Answer»

dth of the CIRCULAR path = h Let the radius of inner circle= R Then radius of OUTER circle = (r + h) Area of inner circle = πr2 Area of outer circle = π(r + h)2 Area of circular path = Area of outer circle – Area of inner circle= π(r + h)2 – pr2 = π[(r + h)2 – r2] = π[((r + h) + r)((r + h) – r)] (∵ A2 – b2 = (a + b)(a - b)