A Ltd. redeemed Rs. 1,00,000, 9% debentures at 10% premium. What will be the amount of ‘Cash Flows from Financing Activities’? (C.B.S.E. 2020, Kerala) Post category:Accountancy Reading time:1 mins read SOLUTION Outflow Rs. 1,10,000. 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 PostOn 1-10-2018, Micro Ltd. issued 20,000, 8% debentures of Rs. 100 each and paid interest of Rs. 80,000 on these debentures on 31st March, 2019. Calculate the cash flow from financing activities for the period ending 31st March, 2019. (C.B.S.E. 2020, Mumbai, Chennai) Next PostState giving reason, whether issue of shares for consideration other than cash will result into inflow, outflow or no flow of cash. (C.B.S.E. 2020, Kerala) You Might Also Like List any two circumstances under which the fixed capital of partners may change. September 26, 2022 Nirman Ltd. issued 50,000 equity shares of Rs. 10 each. The amount was payable as follows: September 29, 2022 Citizen Watches Ltd. invited applications for 50,000 shares of Rs. 10 each payable Rs. 3 on application, Rs. 4 on allotment and balance on first and final call. Applications were received for 60,000 shares. Applications were accepted for 50,000 shares and remaining applications were rejected. All calls were made and received except First and Final call on 500 shares. Pass the journal entries in the books of Citizen Watches Ltd. July 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Nirman Ltd. issued 50,000 equity shares of Rs. 10 each. The amount was payable as follows: September 29, 2022
Citizen Watches Ltd. invited applications for 50,000 shares of Rs. 10 each payable Rs. 3 on application, Rs. 4 on allotment and balance on first and final call. Applications were received for 60,000 shares. Applications were accepted for 50,000 shares and remaining applications were rejected. All calls were made and received except First and Final call on 500 shares. Pass the journal entries in the books of Citizen Watches Ltd. July 13, 2022