Ask question Search Order By: ActiveCategoryClear Filter 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 7.56K 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% 7.88K 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 8.00K 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 9.83K 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 9.52K 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 8.78K 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 8.31K 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: 7.67K 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 7.74K 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 8.05K 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 10.01K 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 8.25K 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 8.65K 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. 8.89K 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. 7.43K 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 7.08K 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: 6.21K 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 5.77K 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: 5.50K 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 4.94K 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 6.29K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans Rajesh drew a Trial Balance for the year ended 31st March, 2023, There was a difference which he closed through Suspense Account 5.33K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans The Trial Balance of M/s Gupta & Sons shows a difference of ₹ 52,200. To prepare the Final Account on 31st March, 2003, this difference is placed in a Suspense Account. 4.28K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans There was a difference of ₹ 720 in the Trial Balance which has been transferred to the credit side of the Supense Account. Pass the rectifying entries and prepare a Suspense Account to rectify the following errors: 5.00K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 0 Votes 1 Ans A Trial Balance disclosed a difference of ₹ 417 placed on the credit side of the Suspense Account. Later on the following errors were located: 4.72K viewsAnurag Pathak Changed status to publish October 1, 2023RectificationTS Grewal Class 11 « Previous 1 2 … 136 137 138 139 140 … 188 189 Next » Question and answer is powered by anspress.net
