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Nipa Limited issued ₹ 10,00,000 Debent...

Nipa Limited issued ₹ 10,00,000 Debentures of ₹ 100 each at a premium of 10%, payable 25% on application (including premium ) and the balance on allotment. The debentures were applied for and the amount was duly received .
you are required to give Journal entries and prepare Cash Book.

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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.

A Limited issued 5000, 10% debentures of Rs 100 each at a premium of Rs 10 per debentures payable as follows: On application Rs25 On alotment Rs 45 (including premium) On forst and final call Rs 40 The debenturs were fully subscribed and all money was duly recived Record the necessary entries in thge books of the company.Show how the amounts will appear in 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.

Raj Ltd. Issued 5,000, 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: ₹ 10 0n application, ₹ 20 along with premium on allotment and balance on first call. Pass necessary Journal entries.

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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.

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.

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