Home
Class 12
ACCOUNTS
(Issue and Redemption of Debentures). ...

(Issue and Redemption of Debentures).
Y Ltd. Issued 50,000, `10%` Debentures of Rs. Each on 1st April, 2018 redeemable at par on 30th June, 2019. The company received applications for 55,000 debentures and the allotment was made to the applicants on prorata. The debentures were redeemed on date. Assume that required investment was made 1st April of the financial year in which redemption is due interest on debentures.

Text Solution

Verified by Experts

JOURNAL OF LTD.
Promotional Banner

Topper's Solved these Questions

  • COMPANY ACCOUNTS REDEMPTION OF DEBENTURES

    TS GREWAL|Exercise VERY SHORT ANSWER TYPE QUESTIONS|3 Videos

  • COMPANY ACCOUNTS REDEMPTION OF DEBENTURES

    TS GREWAL|Exercise EXERCISE|24 Videos

  • COMPANY ACCOOUNT -ISSUE OF DEBENTURES

    TS GREWAL|Exercise Evaluation Questions|4 Videos

  • COMPANY ACCOUNTS- ACCOUNTING FOR SHARE CAPITAL

    TS GREWAL|Exercise Evaluation Questions: Questions With Missing Values|6 Videos
TS GREWAL-COMPANY ACCOUNTS REDEMPTION OF DEBENTURES-EXERCISE
  1. (Issue and Redemption of Debentures). Y Ltd. Issued 50,000, 10% Deb...

    Text Solution

    |

  2. Star Ltd. Is a manufacturer of chemical fertilisers. Its annual turnov...

    Text Solution

    |

  3. Young India Ltd. Had issued following debentures : (a) 1,00,000 10% ...

    Text Solution

    |

  4. Dow Ltd. Issued Rs. 2,00,000, 8% Debentures of Rs. 10 each at a premiu...

    Text Solution

    |

  5. Nirbhai Chemicals Ltd. Issued RS. 10,00,000 , 6% Debentures of Rs. 50...

    Text Solution

    |

  6. Export-Import Bank of India (EXIM Bank) issued 20,000, 10% Debentures ...

    Text Solution

    |

  7. SRCC Ltd. has issued on 1st April, 2017, 20,000, 12% debentures of Rs....

    Text Solution

    |

  8. IFCl Ltd. (An All India Financial Institution) issued 10,00,000 9% Deb...

    Text Solution

    |

  9. On 31 st March, 2003, G Ltd. Had Rs. 8,00,000 9% Debentures due for re...

    Text Solution

    |

  10. {:("On 31 st March, 2018, W Ltd. had the following balances in its boo...

    Text Solution

    |

  11. Mansi Ltd. had 6,000, 10% Debentures of Rs. 100 each due for redemptio...

    Text Solution

    |

  12. India Textiles Corporation Ltd. has outstanding Rs. 50,00,000, 9% Deb...

    Text Solution

    |

  13. Manish Ltd. Issued Rs. 40,00,000, 8% Debentures of Rs. 100 each on 1st...

    Text Solution

    |

  14. Godrej Ltd. has 20,000, 7% Debentures of Rs. 100 each due for redempt...

    Text Solution

    |

  15. Apolio Ltd. Issued 21,000, 8% Debentures of Rs. 100 each on 1st April,...

    Text Solution

    |

  16. On 1st April, 2016, following were the balances of Blue Bird Ltd. : ...

    Text Solution

    |

  17. Mahima Ltd. Issued Rs. 38,00,000, 9% Debentures of Rs. 100 each on 1s...

    Text Solution

    |

  18. On 1st April, 2013 the following balances appeared in books of Blue an...

    Text Solution

    |

  19. Rich Sugar Ltd. Issued Rs. 20 Lakh, 8% Debentures divided into debentu...

    Text Solution

    |

  20. Hp Ltd. has 1,00,000, 8% Debentures of Rs. 50 each due for redemption ...

    Text Solution

    |

  21. Venus Ltd. had 9,000, 9% Debentures of Rs. 100 each due for redemption...

    Text Solution

    |