Bule Ltd. Issued ₹ 8,00,000, 9% Debentures of ₹ 100 each at per and redeemable at 10% premium at the end of sixth year. Pass Journal entries for issue of debentures.

Footfall Ltd. Issue 10,000 Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years. Pass Journal entries for the issue of these debentures.

On 1st April, 2015, V.V.L. Ltd. Issued 1,000, 9% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 10% after three years. Pass necessary Journal entries for the issue of debentures and debentures interest for the year ended 31st March, 2016, assuming that interest is payable on 30th September and 31st March and the rate of tax deducted at source is 10% .

Green Ltd. Issued ₹ 8,00,000, 9% Debentures of ₹ 100 each at a premium of 5 % redeemable at par. Give Journal entries.

Chand Ltd . Issued 50,000, 8% Debentures of ₹ 100 each, payable on application and redeemable at par after 6 yea₹. Pass necessary entries for issue of debentures in the books of Chand Ltd.

F Ltd, issue ₹ 7,00,000, 10% Debentures of ₹ 100 each at a premium of 5% redeemable at 110% after 5 yea₹. Journalise.

Lemon Tree Ltd. Purchased a piece of land from JSS Ltd. And paid the consideration as follows: (i) Issued a cheque for ₹ 10,00,000, (ii) issued 5,000, 9% Debentures of ₹ 110 each at par redeemable at 10% premium after 5 yea₹. Pass the Journal entries.

On 1st June, 2017, R Energy Ltd. Issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years. All the debentures were subscribed and allotment was made. Prepare the Balance Sheet (extract) as at 31st March, 2018

Pass Journal enteries for issue of debentures in each of the following transactions: (i) Star Ltd. Issue 30,000, 10% Debentures of 100 each at a discount of 5% to be rapaid at par at the and of 5 yea₹. (ii) Green Ltd. Issue 10% Debentures of ₹ 100 each for the total nominal (face) value of ₹ 40,00,0000 at a premium of 5% to be redeemed at the end of 5 yea₹. (iii) Moon Ltd. issue ₹ 50,00,000, 10% Debentures of ₹ 100 each at par but redeemable at the end of 10 yea₹ at 105%. (iv) Strong Ltd. issue ₹ 60,00,000, 10% Debentures of ₹ 100 each at a discount of 5% repayable at a premium of 10% at the end of 5 yea₹. (v) Smart Ltd issues ₹ 70,00,000, 19% Debentures of ₹ 100 each at a premium of 5% receemable at 110% at the end of 10 yea₹.