What is meant by Redemption of Debentures? Post category:Accountancy Reading time:1 mins read SOLUTION Redemption of debentures means repayment of the amount of debentures to debentureholders. In other words, redemption refers to discharge of Liability on account of debentures by repaying the due amount of debentures. 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 PostGlobe Ltd. issues 20,000, 9% debentures of Rs. 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 6%. For what amount ‘Loss on Issue of Debentures Account’ will be debited? Next PostName two sources of finance for redemption of debenture. You Might Also Like Tom and Harry were partners in a firm sharing profits in the ratio of 5: 3. During the year ended 31st March, 2015 Tom had withdrawn Rs. 40,000. Interest on his drawings amounted to Rs. 2,000. Pass necessary Journal entry for charging interest on drawings assuming that the capitals of the partners were fluctuating. (AI 2016) October 7, 2022 Under which type of activity will you classify ‘Issue of Equity Shares at Premium’ while preparing cash-flow statement? October 6, 2022 P and Q were partners in a firm sharing profits in the ratio of 5: 3. R was admitted for 1 / 4th share in the profits, of which he took 75% from P and the remaining from Q. Calculate the sacrificing ratio of P and Q. (CBSE 2020) November 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Tom and Harry were partners in a firm sharing profits in the ratio of 5: 3. During the year ended 31st March, 2015 Tom had withdrawn Rs. 40,000. Interest on his drawings amounted to Rs. 2,000. Pass necessary Journal entry for charging interest on drawings assuming that the capitals of the partners were fluctuating. (AI 2016) October 7, 2022
Under which type of activity will you classify ‘Issue of Equity Shares at Premium’ while preparing cash-flow statement? October 6, 2022
P and Q were partners in a firm sharing profits in the ratio of 5: 3. R was admitted for 1 / 4th share in the profits, of which he took 75% from P and the remaining from Q. Calculate the sacrificing ratio of P and Q. (CBSE 2020) November 2, 2022