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Pass Journal entries. Also give Journal ...


Pass Journal entries. Also give Journal entries for writing off Loss on Issue of Debentures.

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Verified by Experts

Dr. Securities Premium Reserve A/c by ₹ 10,000 and Statement of profit and Loss by ₹ 20,000,
Cr. Loss on Issue of Debentures A/c by ₹ 30,000.
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Global ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in four equal instalments by draw of lots from the end of 3 years at a premium of ₹9. Pass the Journal entries for writing off the Loss on Issue of Debentures. Also prepare Loss on Issue of Debentures Account .

A limeited company issued ₹ 1,00,000, 9% Debentures at a discount of 6% on 1st April, 2017, These debentures are to be redeemed equally, spead over 5 annual instalments. Pass the Journal entries for issue of debentures and writing off the discount.

TS GREWAL-COMPANY ACCOOUNT -ISSUE OF DEBENTURES-Exercise
  1. S. Singh Limited obtained a loan of ₹ 5,00,000 from State Bank of I...

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  2. Journalise the following: (a) A debentures issued at ₹ 95, rapab...

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  3. Pass Journal entries in the following cases: (a) A Co.Ltd. Issued â...

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  4. Footfall Ltd. Issue 10,000 Debentures of ₹ 100 each at a discount ...

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  5. Pass necessary Journal entries relating to the issue of debentures for...

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  6. Pass necessary Journal entries relating to the issue of debentures for...

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  7. Journalise the following transactin at the time of issue of 12% Debent...

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  8. Pass necessary Journal entries for the issue of debentures in the foll...

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  9. Pass necessary Journal entries for the issue of debentures in the foll...

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  10. XYZ Ltd. Issued 5.000. 10% Debentures of ₹ 100 each on 1st April, ...

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  11. Bright Ltd. Issued 5,000, 10% Debentures of ₹ 100 each on 1st April...

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  12. On 1st April, 2015, V.V.L. Ltd. Issued 1,000, 9% Debentures of ₹ 10...

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  13. Kitply Ltd. Issued ₹2,00,000, 10% Debentures at a discount of 5%. Th...

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  14. A limeited company issued ₹ 1,00,000, 9% Debentures at a discount of...

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  15. Pass Journal entries. Also give Journal entries for writing off Loss o...

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  16. Global ltd. issued 10,000, 8% Debentures of ₹ 100 each redeemable in...

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  17. On 1st June, 2017, R Energy Ltd. Issued 10,000, 7% Debentures of ₹ 1...

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  18. On 1st April, 2017, Solar Power Ltd. Issud 10,00, 8% Debentures of â‚...

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  19. On 1st April, 2015, Mathew Ltd. Issued 10,000, 9% Debentures of ₹ 10...

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  20. office Products Ltd. Issued on 1st April, 2018, 20,000, 9% Debentures ...

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