Questions Ask question Search Order By: ActiveCategoryClear Filter 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 2.53K 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% 3.11K 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 2.67K 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 2.94K 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 2.79K 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 3.37K 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 2.53K 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 2.68K 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% 2.78K viewsAnurag Pathak Answered question November 16, 2024DK Goel Issue of Debentures 0 Votes 1 Ans From the following Balance Sheet of Samta Ltd., as at 31st March, 2023, prepare Cash Flow Statement: 10.42K viewsAnurag Pathak Changed status to publish November 16, 2024[CBSE] TS Grewal SolutionsCash Flow Statement 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 3.71K viewsAnurag Pathak Answered question November 15, 2024DK Goel Issue of Debentures 0 Votes 1 Ans Kaveri Ltd. issued 10,000 8% debentures of ₹ 50 each at a discount of 6%. The full amount was payable on application 3.81K viewsAnurag Pathak Answered question November 15, 2024Dk Goel Issue of Shares (2024-25) 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 3.54K 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 2.99K 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 3.59K 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 3.16K 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 2.92K viewsAnurag Pathak Changed status to publish November 9, 2024DK Goel Issue of Debentures 0 Votes 1 Ans Sunflower Ltd. issued 4,000, 8% Debentures of ₹ 200 each at a premium of 6% payable as ₹ 80 on application and ₹ 132 on allotment 3.45K viewsAnurag Pathak Answered question November 9, 2024DK Goel Issue of Debentures 0 Votes 1 Ans Jupiter Ltd. issued shares of ₹ 100 each at a premium of 40% payable as follows: On Application ₹ 50 On Allotment ₹ 70 (including Premium) 3.47K viewsAnurag Pathak Answered question November 8, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Kochi Silk Ltd. issued a prospectus inviting applications for 40,000 shares of ₹ 10 each at a premium of ₹ 8 per share, payable as follows: 3.78K viewsAnurag Pathak Answered question November 8, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Sun Ltd. issued shares of ₹ 50 each at a premium of 20% payable as follows: On Application ₹ 15 On Allotment ₹ 25 (including premium) 3.63K viewsAnurag Pathak Answered question November 8, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Khushboo Ltd. issued for public subscription 50,000 equity shares of ₹ 10 each at a premium of 30% payable as under: 3.83K viewsAnurag Pathak Edited answer November 7, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Meena Ltd. issued 30,000 shares of ₹ 10 each at a premium of ₹ 2 per share payable as ₹ 3 on application, ₹ 5 (including premium) on allotment and the balance on first and final call 3.70K viewsAnurag Pathak Answered question November 7, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. invited applications for 4,00,000 shares of ₹ 10 each. The shares were issued at a premium of ₹ 7 per share. The amount was payable as follows: 4.21K viewsAnurag Pathak Answered question November 6, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans X Ltd. forfeited 1,500 shares of ₹ 10 each (originally issued at a premium of ₹ 3 per share which was payable along with application money) on which allotment money of ₹ 3 and first call money of ₹ 2 were not received 4.17K viewsAnurag Pathak Answered question November 6, 2024Dk Goel Issue of Shares (2024-25) « Previous 1 2 … 28 29 30 31 32 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. 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