Doubtnut Scholarship Test ( DNST ) | 27th June | 50 Lakh Scholarship ? Full Details in the Video

Scholarship Test Announcement

Study the following pie-charts carefully and answer the questions below it. The entire fund that school gets from different sources is equal to Rs.500 lakhs If scholarship has to be paid out of the donation fund, then what is the approximate percent of donation fund used for this purpose ?

{:("On 31 st March, 2018, W Ltd. had the following balances in its books :",,," Rs."),(9% "Debentures",,,"6,00,000"),("Debentures Redemption Reserve",,," 50,000"),("surplus, i.e., Balance in Statement of Profit and Loss",,,"3,00,000"):} On that date, the company decided to transfer Rs. 1,00,000 to Debentures Redemption Reserve. it also decided to redeem debentures of Rs. 3,00,000 on 30th June, 2018. Pass necessary Journal entries in the books of the company.