what is cumlative and non cumlative debentures ?????????????/
Can a company purchase its own debentures in the open market? Explain.
What is the nature of debenture interest? Give journal entries to record:
a) When the interest is due
b) When the interest is paid.Ignore interest
what do you mean by redemption of debentures?
pass the journal entry when 10,000 debentures of RS. 100 each are issued as collateral security against a bank loan of RS. 8,00,000
my main question entry will pass ya not if not why ?
How are redeemable and irredeemable debentures different in respect of treatement?
Explain the guidelines of SEBI for creating Debenture Redemption Reserve.
why would an investor prefer to invest partly in shares and partly in debentures of a company ?
what is the meaning of buying own debentures by the company in open market?
DEBENTURE a/c is a real a/c or nominal a/c?
B Ltd., redeemed 6,000 ; 9% debentures of rs. 100 each which were issued at a discount of 5% BY CONVERTING THEM INTO EQUITY SHARES OF RS. 10 EACH ISSUED AT A DISCOUNT OF 55. Journalise.
PLs answer practical problem no . - 34 and 35 also.
i need it.
REDEMPTION OF DEBENTURES
what is cumlative and non cumlative debentures ?????????????/
Can a company purchase its own debentures in the open market? Explain.
What is the nature of debenture interest? Give journal entries to record:
a) When the interest is due
b) When the interest is paid.Ignore interest
what do you mean by redemption of debentures?
pass the journal entry when 10,000 debentures of RS. 100 each are issued as collateral security against a bank loan of RS. 8,00,000
my main question entry will pass ya not if not why ?
How are redeemable and irredeemable debentures different in respect of treatement?
Explain the guidelines of SEBI for creating Debenture Redemption Reserve.
why would an investor prefer to invest partly in shares and partly in debentures of a company ?
what is the meaning of buying own debentures by the company in open market?
DEBENTURE a/c is a real a/c or nominal a/c?
B Ltd., redeemed 6,000 ; 9% debentures of rs. 100 each which were issued at a discount of 5% BY CONVERTING THEM INTO EQUITY SHARES OF RS. 10 EACH ISSUED AT A DISCOUNT OF 55. Journalise.
PLs answer practical problem no . - 34 and 35 also.
i need it.
REDEMPTION OF DEBENTURES
Land & building - Rs 9,00,000
Plant & machinery - Rs 8,00,000
Patents - Rs 40,000
Sundry drs - Rs 7,00,000
Stock - Rs 5,00,000
Sundry crs - Rs 1,20,000
Record necessary journal entries in the books of Gunjan Ltd.
Application were received for 75,000 equity shares . The shares were allotted pro-rata to the applicant for 70,000 shares, the remaining applications being rejected. Money over-paid on applications was utilised towards sums due on allotment.
A to whom 1,200 shares were allotted failed to pay allotment and calls money and B, to whom 1,800 shares were allotted failed to pay two calls. These shares were subsequently forfeited after the final call was made. All the forfeited shares were sold to Rajesh as fully paid -up at Rs. 11 per share.
Prepare cash book and journal entries required to record the above transactions.