A company took a loan of Rs. 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of Rs. 4,00,000 as a collateral security. Post category:Accountancy Reading time:1 mins read Solution 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 PostBest Barcode Ltd. took a loan of Rs. 5,00,000 from a bank giving Rs. 6,00,000; 9% Debentures as collateral security. Pass journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company. Next PostX Ltd. took a loan of Rs. 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of Rs. 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company. You Might Also Like Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022 Net increase in working capital other than cash and cash equivalents will increase, decrease or not change cash flow from operating activities. Give reason in support of your answer. (C.B.S.E. 2017) October 6, 2022 A and B are partners. A’s Capital is Rs. 1,00,000 and B’s Capital is Rs. 60,000. Interest on capital is payable @ 6% p.a. B is entitled to a salary of Rs. 3,000 per month. Profit for the current year before interest and salary to B is Rs. 80,000. Prepare Profit and Loss Appropriation Account. July 20, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022
Net increase in working capital other than cash and cash equivalents will increase, decrease or not change cash flow from operating activities. Give reason in support of your answer. (C.B.S.E. 2017) October 6, 2022
A and B are partners. A’s Capital is Rs. 1,00,000 and B’s Capital is Rs. 60,000. Interest on capital is payable @ 6% p.a. B is entitled to a salary of Rs. 3,000 per month. Profit for the current year before interest and salary to B is Rs. 80,000. Prepare Profit and Loss Appropriation Account. July 20, 2022