Anupama Ltd. issued 12,000; 8% Debentures of Rs. 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months. Pass Journal entries. Post category:Accountancy Reading time:1 mins read Solution Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostIron Products Ltd. issued 5,000; 9% Debentures of Rs. 100 each at a premium of Rs. 40 payable as follows; (i) Rs. 40, including premium of Rs. 10 on applications; (ii) Rs. 45, including premium of Rs. 15 on allotment; and (iii) Balance as first and final call. The issue was subscribed and allotment made. Calls were made and due amount was received. Pass Journal entries. Next PostAlka Ltd. issued 5,000, 10% Debentures of Rs. 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue Rs. 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. You Might Also Like Is reserve capital a, part of ‘Unsubscribed Capital’ or ‘Uncalled Capital’. (C.B.S.E. 20 I8) September 28, 2022 A new partner acquires two main rights in the partnership firm which he joins. State one of the rights. October 7, 2022 Revenue from Operations Rs. 9,00,000; Gross Profit 25% on Cost; Operating Expenses Rs. 45,000. Calculate Operating Profit Ratio August 17, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Is reserve capital a, part of ‘Unsubscribed Capital’ or ‘Uncalled Capital’. (C.B.S.E. 20 I8) September 28, 2022
A new partner acquires two main rights in the partnership firm which he joins. State one of the rights. October 7, 2022
Revenue from Operations Rs. 9,00,000; Gross Profit 25% on Cost; Operating Expenses Rs. 45,000. Calculate Operating Profit Ratio August 17, 2022