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Give the journal entries at the time of issue of debentures in the following cases Issued ₹ 5,00,000, 12% debentures at par and redeemable at par after 5 yearsNovember 22, 2024
Journalise the following transactions: (i) 400 debentures issued at ₹ 960 each, repayable at ₹ 1,000 eachNovember 22, 2024
Issued ₹ 4,00,000, 9% debentures of ₹ 100 each at a premium of 8% redeemable at 10% premiumNovember 22, 2024
Z Ltd. issued 20,000, 12% Debentures of ₹ 100 each. Give journal entries if the Debentures are (1) issued at par, (2) issued at a discount of 10%November 22, 2024
X Ltd. raised a bank loan of ₹ 10,00,000 and issued by way of collateral security 10,000, 12% Debentures of ₹ 100 eachNovember 22, 2024
A company took a loan of ₹ 5,00,000 from State Bank of India and issued 10% debentures of ₹ 8,00,000 of ₹ 100 each as a collateral securityNovember 22, 2024
Oberoi Ltd. took certain fixed assets of ₹ 6,30,000 from Vikram Ltd. and allotted 6,000, 12% Debentures at a premium of 5% to satisfy the purchase considerationNovember 22, 2024
X Ltd. took over assets of ₹ 5,00,000 and liabilities of ₹ 1,00,000 of another company at an agreed price of ₹ 3,80,000November 22, 2024
A company purchased assets of the book value of ₹ 6,00,000 and took over liabilities of ₹ 1,50,000 from Golden LtdNovember 22, 2024
Tushar Ltd. purchased assets of ₹ 14,40,000 and liabilities of ₹ 2,55,000 from Chander Ltd. on 1.4.2021. ₹ 2,40,000 were paid immediatelyNovember 22, 2024
Vayee Ltd. purchased the following assets of E.X. Ltd: Land and Building of ₹ 60,00,000 at ₹ 84,00,000; Plant and Machinery of ₹ 40,00,000 at ₹ 36,00,000November 22, 2024
Deepak Ltd. purchased furniture for ₹ 2,20,000 from M/s Furniture Mart. 50% of the amount was paid to Furniture Mart by accepting a bill of exchangeNovember 22, 2024
Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% debentures of ₹ 100 eachNovember 22, 2024
Suvidha Ltd. purchased machinery for ₹ 1,98,000 from Suppliers Ltd. The payment was made by issue of 12% debentures of ₹ 100 eachNovember 22, 2024
