?Ramzan Offer - Doubtnut par sabhi Courses par 10% ka Discount | 9 - 12 JEE, NEET | Code : EID2021

During the year ended 31st March, 2019, Anderson Ltd. Issued 12% Debentures of ₹ 100 each, as per the details given below: (a) 900 Debentures issued as collateral security to a bank against a losnb of ₹ 60,000. (b) The underwriters were to be paicd a commission of ₹ 48,000. 25 % of the amount was paid to them in cash and the balance was paid by the issue of Debentures at a discount of 10% to be redeemed at par. A machine was purchased for ₹ 2, 18, 500. The vendor was paid by the issue of Debentures at a premium of 15% to be redeemed ar par. 5,000 Debetures ware issued to the pubic at 5% premium , to be redeemed at premium of 5% The company wrote off all capital losses arising from the issue of Debentures at the end of the year from its capital profits and if need be from its revenue profits. You are required to Journalise the above transctions in the books of Anderson Ltd.

Two dealers offer an article at the same list price. The first allows discount 20%, 10% and 5% and the other of 15%, 12% and 8%. Which is a better offer for the customer?

A retailer offers the following discount schemes for buyers on an article. I. Two successive discounds of 10%. II. A discount of 12% followed by a discount of 8%. III. Successive discounts of 15% and 5%. IV. A discount of 20%. The selling price will be minimum under the scheme

A retail offers the following discount scheme for buyers on an article. I. Two successive discounts of 10%. II. A discount of 12% following by a discount of 8% III. Successive discounts of 15% and 5% IV. A discount of 20% The selling price will be minimum under the scheme.

A company purchased assets of ₹ 9,90,000 from another firm. Payment was made by issuing 11% Debentures of ₹ 100 each . Pass Journal enteries when debentures have been issued: (i) at par, (ii) at a premium of 10% and (iii) at a discount of 10%.

On 1st April, 2018, Amro Ltd. Issued 10,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at par after 5 yea₹. The issue price is payable along with application. The debentures were subscribed. It has a balance of ₹ 1,75,000 in Securities Premium Reserve. Pass Journal entries for issue of debentures and writing off the discount and prepare Discount of Issue of Debentures Account.

Suvidha Ltd purchased machinery worth Rs 198000 from suppliers Ltd.The payment was made by issue opf 12% debentures of Rs 100 each. Pass the necessary joural entries for the purchase of machinery and issue of debentures when: (i) Debentures are issued at par, (ii) Debentures are issued at 10% descount, and (iii) Debentures are issued at 10% premium

Journalise the following transactions a) Mehar Ltd. issued ₹ 1,00,000, 12% Debentures of ₹ 100 each at a premium of 5% redeemable at a premium of 2% b) 12 % Debentures were issued at a discount of 10% to a vendor of machinery for payment of ₹ 9,00,000 c) Issue of 10,000 11% debentures of ₹ 100 each as collateral in favour of State Bank of India. Company opted to pass necessary entry for issue of debentures.