Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Petromax Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 20 per debenture payable as ₹ 30 on application 1.40K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Birch Ltd. issued 20,000, 9% Debentures of ₹ 100 each at a premium of 10% payable as follows 1.36K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Ashima Ltd. issued 20,000; 9% Debentures of ₹ 100 each, payable in four equal amounts on application, allotment and two calls 1.57K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans On 1st April 2021, Z Ltd. issued 50,000, 8% Debentures of ₹ 100 each at a discount of 6% redeemable at a premium of 10% after 4 years 1.72K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Care Cosmetics Ltd. issued 50,000; 9% Debentures of ₹ 10 each on 1st April, 2021 redeemable at a premium of 10% after 10 years 1.25K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Andy Ltd. issued 4,000; 12% Debentures of ₹ 100 each at a premium of 5% redeemable at par 1.29K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Bumey Ltd. issued 7,000; 10% Debentures of ₹ 100 each at a premium of 5% redeemable at 110% 1.31K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Carzone Ltd. issued ₹ 80,00,000; 9% Debentures of ₹ 100 each at par and redeemable at 10% premium 1.11K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Auto Sales Ltd. issued ₹ 1,00,000; 9% Debentures of ₹ 100 each at a premium of 5% redeemable at par. Give Journal entries. 924 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Oaktree Ltd. issued 40,000; 9% Debentures of ₹ 50 each at a discount of 8% redeemable at par any time after 9 years. Record necessary Journal entries. 1.08K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Pine Tree Ltd. issued 75,000; 8% Debentures of ₹ 100 each, payable on application and redeemable at par 1.14K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Banana Tree Ltd. issued 4,00,000; 9% Debentures of ₹ 50 each, payable on application. Pass Journal entries, at the time of issue of debentures in the following situations: 1.40K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans A company issued ₹ 1,00,000; 7% Debentures at par redeemable at 5% premium after 10 years 1.31K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Sheesham Ltd. issued 10,000 Debentures of ₹ 100 each at par on the condition that the same 1.57K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Journalise the following: (a) A debenture issued at 95, repayable at ₹ 100 902 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Cactus Ltd. took a loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as a collateral security 989 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Drumbeats Ltd. took a loan of ₹ 4,00,000 from AU Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral Security 1.09K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Rohan Ltd. purchased the assets of Sony Ltd. for ₹ 5,00,000. It also agreed to take over the liabilities of Sony Ltd 879 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Exe Ltd. purchased assets of the books value of ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros 794 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Promising Company Ltd. took over assets of ₹ 2,50,000 and liabilities of ₹ 30,000 of Goneby Company for the purchase consideration of ₹ 3,30,000 1.05K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Paper Products Ltd. purchased Plant and Machinery for ₹ 10,00,000 payable as ₹ 3,25,000 in cash 989 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Patanjali Ltd. purchased machinery from Barun for an agreed purchase consideration of ₹ 6,30,000 to be satisfied by 1.11K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Karur Ltd. purchased a running business of Vysa Ltd. for ₹ 5,40,000 payable as ₹ 1,00,000 by cheque 1.42K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Hi-tech Ltd. took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Low-tech Ltd 869 viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures 0 Votes 1 Ans Park Regis Ltd. issued 2,500; 9% Debentures of ₹ 100 each at a discount of 10% payable along with application 1.13K viewsAnurag Pathak Changed status to publish December 12, 2023[ISC] Issue of Debentures « Previous 1 2 … 80 81 82 83 84 … 167 168 Next » Question and answer is powered by anspress.net