What entry may be passed when debentures are issued as Collateral Security? Post category:Accountancy Reading time:1 mins read SOLUTION Debenture Suspense A/c Dr. To Debentures A/c 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 meant by Issue of Debentures as Collateral Security? (C.B.S.E. 2018, 2020). Next PostWhy are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8). You Might Also Like Why a retiring or heirs of a deceased partner are entitled to a share of goodwill of the firm? September 27, 2022 C and D are partners in a firm; C has contributed Rs. 1,00,000 and D Rs. 60,000 as capital. Interest in payable @ 6% p.a. and D is entitled to a salary of Rs. 3,000 per month. In the year ended 31st March, 2019, the profit was Rs. 80,000 before interest and salary. Divide the amount between C and D. July 21, 2022 Give one reason why partners are charged interest on drawings. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why a retiring or heirs of a deceased partner are entitled to a share of goodwill of the firm? September 27, 2022
C and D are partners in a firm; C has contributed Rs. 1,00,000 and D Rs. 60,000 as capital. Interest in payable @ 6% p.a. and D is entitled to a salary of Rs. 3,000 per month. In the year ended 31st March, 2019, the profit was Rs. 80,000 before interest and salary. Divide the amount between C and D. July 21, 2022