Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ascertain Gross Profit from the following information: Opening Stock 3,00,000 Closing Stock 2,80,000 2.76K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Calculate Closing Stock from the following details: Opening Stock ₹ 20,000 Cash Sales ₹ 60,000 2.01K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Prepare Trading Account from the transactions given below: Opening Stock 33,000 Purchases 29,000 2.16K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans From the following information, determine Gross Profit for the year ended 31st March, 2023: Opening Stock (1st April, 2021) 2.54K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans State whether the following expenses are capital or revenue in nature: Expenses on whitewhashing and painting of a building purchased to make it ready for use. 1.56K viewsAnurag Pathak Changed status to publish October 12, 2023Financial Statements (Without Adjustment) 0 Votes 1 Ans Fit India Ltd. has paid-up share capital of ₹ 1,00,00,000 (divided into 5,00,000 Equity Shares of ₹ 20 each) and 10,000, 7% Debentures of ₹ 200 each 4.80K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Dev Ltd. acquired running business of Amrit Ltd. having assets of ₹ 10,00,000 and liabilities of ₹ 2,50,000. 9% Debentures of ₹ 100 each were issued for the acquisition of business at a premium of ₹ 20 per debenture 4.32K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st April, 2018, Mathew Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5% 3.74K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st June, 2020, 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 3.48K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Garvit Ltd. invited applications for issuing 3,000, 11% Debentures of ₹ 100 each at a discount of 6%. The full amount was payable on application 3.50K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Global Ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of ₹ 9 3.66K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st January, 2018, Raha Ltd. issued 6,000, 8% Debentures of nominal (face) value of ₹ 100 each redeemable at 5% premium in equal proportion at the end of 5, 10 and 15 years 3.37K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Sujata Ltd. invited applications for issuing 50,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at par after 5 years 4.66K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Gladiators Ltd. issued 10,000; 8% Debentures of ₹ 100 each at a discount of 5%, redeemable at a premium of 5% payable along with application 4.02K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Mercury Ltd. issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a discount of 6% on 1st April, 2022 4.05K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans 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 3.99K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Suzlon Ltd. issued on 1st July, 2022, 20,000, 7% Debentures of ₹ 100 each for subscription at 10% premium payable ₹ 40 on application; ₹ 40 (including premium) on allotment and balance on first and final call 4.50K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Pawan Hans Ltd. issued on 1st July, 2022, 10,000, 7% Debentures of ₹ 100 each for subscription at 10% premium payable ₹ 40 on application and balance on allotment 4.38K viewsAnurag Pathak Changed status to publish October 10, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans On 1st April, 2022, 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 3.80K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Bright Ltd. issued 5,000; 10% Debentures of ₹ 100 each on 1st April, 2022. The issue was fully subscribed As per the terms of issue, interest on the debentures is payable half-yearly on 30th September and 31st March 4.12K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Pratham Ltd. issued 50,000, 9% Debentures of ₹ 100 each on 1st April, 2022 at 10% discount, redeemable at 10 premium 4.39K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Agam Ltd. issued 40,000; 9% Debentures of ₹ 100 each on 1st April, 2022 at a discount of 10% redeemable at a premium of 10%. 4.43K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years 5.60K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans ₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par 4.26K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. Pass necessary Journal entries relating to the issue of debentures for the following: 4.30K viewsAnurag Pathak Changed status to publish October 9, 2023[CBSE] Issue of Debenture « Previous 1 2 … 115 116 117 118 119 … 169 170 Next » Question and answer is powered by anspress.net