Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Romi Ltd. acquired assets of ₹ 20 lakh and took over creditors of ₹ 2 lakh from Kapil Enterprises. Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 10% as purchase consideration 7.12K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each 6.46K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Ananya Ltd. purchased on established business for ₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ₹ 100 each a a discount of 10% 7.11K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans B Ltd. issued 9% Debentures of ₹ 100 each at a premium of 20% to Vendors for purchase of plant costing ₹ 6,00,000 8.21K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Amrit Ltd. issued 1,000, 6% Debentures of ₹ 100 each to Amit and Bhaskar (Promoters) each for their services in incorporating the company 6.35K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Joy Ltd. company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the nominal (face) value of ₹ 100 each at a discount of 10% 6.54K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans The Decor Ltd. issued 20,000, 6% Debentures of ₹ 100 each at 10% discount payable ₹ 30 on application, ₹ 40 (after discount) and balance as first and final call 6.86K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Alka Ltd. issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable after 5 years 8.44K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Linux 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 8.13K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Kati Ltd. issued 8,000, 9% Debentures of ₹ 100 each at a discount of 10%. The full amount was payable on application 7.48K viewsAnurag Pathak Changed status to publish October 7, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Pure Products Ltd. issued 30,000, 8% Debentures of ₹ 100 each at 10% premium for subscription 7.23K viewsAnurag Pathak Changed status to publish October 6, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Iron Products Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows: 6.21K viewsAnurag Pathak Changed status to publish October 6, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Grand Hospitality Ltd. issued 10,000, 7% Debentures of ₹ 100 each at premium of ₹ 20 per debenture 6.61K viewsAnurag Pathak Changed status to publish October 6, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Raj Ltd. issued 5,000, 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: ₹ 10 on application; ₹ 20 plus premium on allotment and balance on first and final call 6.84K viewsAnurag Pathak Changed status to publish October 6, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans Nipa Limited issued 10,000 Debentures of ₹ 100 each at a premium of 10%, payable 30% of nominal (face) value on application (including premium) and the balance on allotment 8.39K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of DebentureTS Grewal Class 11 0 Votes 1 Ans Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture 6.97K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of DebentureTS Grewal Class 11 0 Votes 1 Ans Super Seals Ltd. issued 10,000, 8% Debentures of ₹ 100 each at par for subscription payable ₹ 40 on application, ₹ 30 on allotment and balance as first and final call 7.30K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of DebentureTS Grewal Class 11 0 Votes 1 Ans Dogra Ltd. issued 2,000; 9% Debentures of ₹ 100 each on the following terms: ₹ 20 on application; ₹ 20 on allotment; ₹ 30 on first call; ₹ 30 on second and final call. 7.49K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of DebentureTS Grewal Class 11 0 Votes 1 Ans JS Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows: ₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call. 6.22K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of DebentureTS Grewal Class 11 0 Votes 1 Ans Venus Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application 6.11K viewsAnurag Pathak Changed status to publish October 4, 2023[CBSE] Issue of Debenture 0 Votes 1 Ans An accountant of a firm found that his Trial Balance was out (excess credit) by ₹ 742. He placed the amount in a Suspense Account and Subsequently found the following errors: 4.46K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Trial Balance of Shri Ramdass did not agree and the difference in books was carried to a Suspense Account 4.49K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rectify the following errors found in the books of Bheem. Trial Balance had ₹ 930 excess credit. The difference has been posted to a Suspense Account: 4.26K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The accountant of a firm finds that the Trial Balance as on 31st March, 2023 is out by an excess debit of ₹ 283. He placed the amount in the Suspense Account 3.89K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was an error in the Trial Balance of Ram Gopal on 31st March, 2023 and the difference in books was carried to the Suspense Account 5.00K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 « Previous 1 2 … 124 125 126 127 128 … 176 177 Next » Question and answer is powered by anspress.net