MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Examples Issue of Debentures

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example:A Company issued a prospectus inviting the public to subscribe to its issue of

10,000 9% debentures of Rs 100 each. Pass journal entries assuming the issue was fully subscribed.

Issue of Debentures in one instalment

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example:A Company issued a prospectus inviting the public to subscribe to its issue of 50,000

Debentures of Rs 100 each issued at a premium of 5%. Applications for 60,000 Debentures were received. Excess money was refunded. Pass journal entries.

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example:A Company issued a prospectus inviting the public to subscribe to its issue of

50,000 Debentures of Rs 100 each issued at a discount of 10%. Pass journal entries.

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example: XYZ LTD issued 10,000 6% Debentures of Rs 100 each redeemable at a premium of

10% . Pass journal entries.

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example: XYZ LTD issued 10,000 6% Debentures of Rs 100 each at a discount of 5% redeemable

at a premium of 10% . Pass journal entries.

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Example: XYZ LTD issued 10,000 6% Debentures of Rs 100 each at a premium of 5% redeemable

at a premium of 10% . Pass journal entries.

MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

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MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam