Commerce School

Student Community

YOUTUBE CHANNELSubscribe

Telegram Channel

Commerce School

Student Community

Telegram Channel

YOUTUBE CHANNELSubscribe

Category DK Goel Issue of Debentures

DK Goel Issue of Debentures 51 Questions

0 Votes 1 Ans

Y Ltd. issued on 1st April, 2021, 20,000, 9% Debentures of ₹ 100 each at 4% discount redeemable after four years at a premium of ₹ 5

158 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

137 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

135 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

148 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

145 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

What Journal entries will be made in the following cases: A company issued ₹ 40,000, 12% Debentures at par, redeemable also at par.

133 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Usha Ltd. issued 30,000, 10% Debentures of ₹ 100 each as collateral security for a loan of ₹ 24,00,000 from Axis Bank

122 viewsAnurag Pathak Answered question November 22, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

159 viewsAnurag Pathak Answered question November 19, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

India. Ltd. made the following issue of 6% debentures For cash at 90%, 6,000 debentures of ₹ 100 each.

142 viewsAnurag Pathak Answered question November 19, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

155 viewsAnurag Pathak Answered question November 18, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

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

152 viewsAnurag Pathak Answered question November 18, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Disha Ltd. purchased machinery from Nisha Ltd. and paid to Nisha Ltd. as follows By issuing 10,000, equity shares of ₹ 10 each at a premium of 10%

152 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Gunjan Limited purchased a running business from Vrindavan Limited for a sum of ₹ 25,00,000, payable ₹ 4,00,000 by cheque and for the balance issued 8% Debentures of ₹ 100 each at 5% premium

152 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Star Textiles Ltd. purchased assets of Modern Textiles Ltd. as under: Land and Buildings of ₹ 25,00,000 at ₹ 40,00,000; Plant and Machinery of ₹ 10,00,000 for ₹ 7,50,000

160 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

J Ltd. purchased machinery for ₹ 3,50,000 from K Ltd. on 28.2.2023. ₹ 50,000 were paid to K Ltd. immediately and the balance was paid by issue of 10% debentures of ₹ 3,10,000 in J Ltd

149 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

A Company purchased Assets of the book value of ₹ 12,00,000 and Liabilities of ₹ 2,20,000 of another Company for a purchase consideration of ₹ 9,40,000

188 viewsAnurag Pathak Edited answer November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Disha Ltd. took over assets of ₹ 8,00,000 and liabilities of ₹ 3,00,000 from Kirti Ltd. for a purchase consideration of ₹ 6,00,000

144 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Nupur Ltd. took over Plant and Machinery worth ₹ 8,00,000, Stock worth ₹ 7,00,000 and Sundry Debtors for ₹ 6,00,000 from Vandana Ltd

151 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Golden Ltd. bought assets for ₹ 5,50,00,000 and assumed liabilities worth ₹ 1,26,00,000 from Silver Ltd. and issued 8% Debentures of ₹ 500 each at a premium of 6%

178 viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

X Company purchased assets of the book value of ₹ 10,45,000 from Y Co. It was agreed that the purchase consideration be paid by issuing 14% Debentures of ₹ 100 each

181 viewsAnurag Pathak Answered question November 15, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

R Ltd. issued 8,000, 13% Debentures of ₹ 100 each at a discount of 5% payable as follows On Application ₹ 25

195 viewsAnurag Pathak Answered question November 15, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Nav Lakshmi Ltd. invited applications for issuing 3,000, 12% Debentures of ₹ 100 each at a premium of ₹ 50 per debenture. The full amount was payable on application

169 viewsAnurag Pathak Answered question November 9, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

X Ltd. issued 5,000, 12% Debentures of ₹ 100 each at a premium of ₹ 5 payable as follows: On Application ₹ 30

209 viewsAnurag Pathak Answered question November 9, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Balaji Ltd. issued 10,000, 13% Debentures of ₹ 100 each, payable as follows: ₹ 20 on application, ₹ 30 on allotment and ₹ 50 on first and final call

173 viewsAnurag Pathak Changed status to publish November 9, 2024DK Goel Issue of Debentures

0 Votes 1 Ans

Kamal Ltd. issued 5,000, 12% Debentures of ₹ 100 each, payable as follows: ₹ 10 on application, ₹ 15 on allotment, ₹ 30 on first call and ₹ 45 on second and final call

160 viewsAnurag Pathak Changed status to publish November 9, 2024DK Goel Issue of Debentures

« Previous 1 2 3 Next »

Question and answer is powered by anspress.net