What is Coupon rate? Post category:Accountancy Reading time:1 mins read SOLUTION Coupon rate is the rate of interest at which interest is paid by the Company on its 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 PostWhat is Zero Coupon Bond’? Next Post What is meant by Issue of Debentures for Consideration other than Cash? You Might Also Like Compute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows: August 18, 2022 What do you understand by the term deferred tax? September 30, 2022 Capital Accounts of A and B stood at Rs. 4,00,000 and Rs. 3,00,000 respectively after necessary adjustments in respect of the drawings and the net profit for the year ended 31st March, 2019. It was subsequently noticed that 5% p.a. interest on capital and also drawings were not taken into account in arriving at the distributable profit. The drawings of the partners had been: A – Rs. 12,000 drawn at the end of each quarter and B – Rs. 18,000 drawn at the end of each half year. The profit for the year as adjusted amounted to Rs. 2,00,000. The partners share profits in the ratio of 3 : 2. You are required to pass Journal entries and show adjusted Capital Accounts of the partners. July 22, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Compute Cash Flow from Operating Activities from the following: (i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows: August 18, 2022
Capital Accounts of A and B stood at Rs. 4,00,000 and Rs. 3,00,000 respectively after necessary adjustments in respect of the drawings and the net profit for the year ended 31st March, 2019. It was subsequently noticed that 5% p.a. interest on capital and also drawings were not taken into account in arriving at the distributable profit. The drawings of the partners had been: A – Rs. 12,000 drawn at the end of each quarter and B – Rs. 18,000 drawn at the end of each half year. The profit for the year as adjusted amounted to Rs. 2,00,000. The partners share profits in the ratio of 3 : 2. You are required to pass Journal entries and show adjusted Capital Accounts of the partners. July 22, 2022