Grand Hospitality Ltd. issued 10,000, 7% Debentures of ₹ 100 each at premium of ₹ 20 per debenture
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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
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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
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Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture
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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
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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.
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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.
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Venus Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application
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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:
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The Trial Balance of Shri Ramdass did not agree and the difference in books was carried to a Suspense Account
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