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Pass necessary Journal entries for the i...

Pass necessary Journal entries for the issue and redemption of Debentures in the following cases:
(i) 15,000 , `10%` Debentures of Rs. 100 each issued at `10%` premium, repayable at par.
(ii) 60,000, `12%` Debentures of Rs. 100 each issued at `5%` premium, repayable at `10%` premium.

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Pass necessary Journal entries for the issue of debentures in the following cases: (a) ₹ 40,000, 12% Debentures of ₹ 100 each issued at a premiuma of 5% redeemable at par. (b) ₹ 70,000, 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at ₹ 110.

Pass necessary Journal entries for the issue of debentures in the following cases: (a) ₹ 40,000, 12% Debentures of ₹ 100 each issued at a discount of 10% redeemable at par. (b) ₹ 80,000, 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.

Pass necessary Journal entries relating to the issue of debentures for the following: (a) Issued ₹ 28,000, 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par. (b) Issued ₹ 30,000, 10% Debentures of ₹ 100 each at premium of 10% and redeemable at premium of 15%. (c) Issued ₹ 80,000, 10% Debentures of ₹ 100 each at par rapayable at a premium of 10%.

Pass necessary Journal entries relating to the issue of debentures for the following: (a) Issued ₹ 4,00,000, 9% Debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium. (b) Issued ₹ 6,00,000, 9% Debentures of ₹ 100 each at par, repayable at a premium of 10%. (c) Issued ₹ 10,00,000, 9% Debentures of ₹ 100 each at a premium of 5%, redeemable at par.

KTR Ltd., issued 365, 9% Debentures of ₹ 1,000 each on 4th March, 2016. Pass necessary Journal entries for the issue of debentures in the following situations: (i) When debentures were issued at par, redeemable at a premuim of 10% . When debentures were issued at 6% discount, redeemable at 5% premium.

Pass Journal entries for issue of debentures in each of the following alternative cases: (i) 10% Debentures of ₹ 100 each issued at ₹ 100, rapayable at ₹ 100. (ii) 10% Debentures of ₹ 100 each issued at ₹ 95, rapayable at ₹ 100. (iii) 10% Debentures of ₹ 100 each issued at ₹ 105, rapayable at ₹ 100. (iv) 10% Debentures of ₹ 100 each issued at ₹ 100, rapayable at ₹ 105. (v) 10% Debentures of ₹ 100 each issued at ₹ 95, rapayable at ₹ 105. (vi) 10% Debentures of ₹ 100 each issued at ₹ 105, rapayable at ₹ 110.

You are required to pass the journal entries relating to the issue of the debentures in the books of X Ltd., and show how they would appear in its balance sheet under the following cases : (a) 120,8% debenturs of Rs 1000 each are issued at 5% discount and repayable at par. (b) 150,7% debentures of Rs 1000 each are issued at 5% discount and repayble at premium of 10% (c ) 80,9% debentures of Rs 1000 each are issued at 5% premium (d )Another 400 ,8% debentures o fRs 100 each are issued as collateral security against a loan of Rs 40000.

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