On 1-4-2022, K.K Ltd. issued 500, 9% Debentures of ₹ 500 each at a discount of 4%, redeemable at a premium of 5% after three years
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On 1st April, 2018, X Ltd. issued 7,500, 9% Debentures of ₹ 50 each at a discount of 6%, redeemable at a premium of 10%. Pass journal entries for the year ending 31st March
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Pass the necessary Journal entries for the issue of 7% debentures in the following cases: 100 debentures of ₹ 100 each issued at ₹ 105 each repayable at ₹ 100 each
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KTR Ltd., issued 365, 9% Debentures of ₹ 1000 each on 4-3-2016. Pass necessary Journal entries for the issue of debentures in the following situations
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What Journal entries will be made in the following cases: A company issued ₹ 40,000, 12% Debentures at par, redeemable also at par.
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Usha Ltd. issued 30,000, 10% Debentures of ₹ 100 each as collateral security for a loan of ₹ 24,00,000 from Axis Bank
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X Ltd. issued 25,000, 9% Debentures of ₹ 100 each at a premium of ₹ 4 per debenture on 1st April, 2022. On the same date it purchased Property, Plant and Equipment of ₹ 10,00,000
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India. Ltd. made the following issue of 6% debentures For cash at 90%, 6,000 debentures of ₹ 100 each.
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Hassan Limited took a loan of ₹ 30,00,000 from a bank against primary security worth ₹ 40,00,000 and issued 35,000, 6% debentures of ₹ 100 each as a collateral security
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S. Singh Limited obtained a loan of ₹ 5,00,000 from State Bank of India @ 10% interest. The company issued ₹ 7,50,000, 10% debentures of ₹ 100 each, in favour of State Bank of India as collateral security
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