Honey Ltd . Issued 10,000, 9% Debentures of ₹ 100 each for subscription, payable ₹ 60 on applicaton and balance on allotment. Subcription was received for 9,000 debentures. Allotment was made and due amount was received .
Pass the Journal entries for issue and allotment of debentures.

Citizen Watches Ltd. Issued 7,500,8% Debentures of ₹ 100 each at par for subscription payable along. With application. Subscription was received for 7,000 debentures. The debentures were dully allotted.

Lemon Tree Ltd. Issued 5,000, 9% Debentures of ₹ 100 each at a premium of 20% payable: On Application - ₹ 50, On Allotment - Balance. Applications were received for the debentures issued and also the amount due on allotment. Pass the Juurnal entries for the above.

Intex Ltd . Issued 10,000, 10% Debentures of ₹ 100 each at a primium of 10%, Payable along with application. Application were received for all the debentures issued and allotment was made. Pass the Journal enteries.

Elegant Ltd. Issued for subcription 10.000 11% Debentures of ₹ 100 at a premium of 10% payable along with application. Subscription was received for 9,000 debentures and all the applicants were allotted the debentures. pass te Journal enteries for the above.

X Ltd issued 12,000, 8% Debentures of ₹ 100 each ar a discout of 5% payable as 25 % on application: 20% on allotment and balance after three months. Pass Journal entries.

ABC Ltd. Issued 10,000, 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures . Debentures were allotted and excess application money was refunded Pass. Journal entries in the books of the company.

Hammer Ltd. Issued 4,000, 10% Debentures of ₹ 100 each, Payable ₹ 20 on application and balance amount on allotment. The debentures are redeemable after 5 yea₹. Application were received for the issued debentures and allotment was made to all the applicants. The amount was received on due dates. Pass the Journal entries and prepare the Balance Sheet.

Exe Ltd. Issued 10,000, 9 % Debentures of ₹ 100 each at a premium of 10% payable ₹ 25 on application, ₹ 35 on allotment (including Premium) and the balance on fi₹t and final call. Applications were received for 15,000 debentures. Allotment was made on pro rate basis excess application money being applied towerds amount due on Allotment. All sums due were received by the company on due dates. Journalise the above transactions in the books of Exe Ltd. and prepere extract of the Balance Sheet showing Securities Premium Reserve and Debentures.

Exe Ltd. Issued 20,000, 9% Debentures of ₹ 100 each at a discount of 4% discount of 4% on 1st April, 2019, Payable ₹ 30 on application and the balance on allotment. The debentures are redeemable after 5 yea₹. Pass Journal enteries for the issue of debentures and writing off discount on issue of debentures.

on 1st April, 2018, Sunshine Ltd. Issed ₹ 10,00,000, 15% Debentures of ₹ 100 each at 8% discount payable: ₹ 40 on application, and The balance on allotment. These debentures were to be redeemed at a premium of 5% after five years. All the debentures were subcribed for by the public. Interest on these debentures was to be paid half-yearly which was duly paid by the company. You are required to: (i) Pass Journal entries in the first year of debenture issue (including entries for debenture interest.) (ii) Prepare 15% Debentures Account for the year ending 31st March, 2019.