Classify debentures from the point of view of convertibility. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Convertible Debentures, (ii) Non-Convertible Debentures. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 PostClassify debentures from the point of view of redemption. Next PostWhat is meant by ‘Secured or Mortgage Debenture’? You Might Also Like Wellbeing Ltd. took over assets of Rs. 9,80,000 and liabilities of Rs. 40,000 of HDR Ltd. at an agreed value of Rs. 9,00,000. Wellbeing Ltd. paid to HDR Ltd. by issue of 9% Debentures of Rs. 100 each at a premium of 20%. Pass necessary Journal entries to record the above transactions in the books of Wellbeing Ltd. July 18, 2022 Equity Share Capital Rs. 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales 33.13%; Cost Revenue from Operations or Cost of Goods Sold Rs. 20,00,000; Current Assets Rs. 10,00,000; Current Liabilities Rs. 2,50,000. Calculate Working Capital Turnover Ratio. August 16, 2022 How will you treat decrease in prepaid expenses in the cash How from operating activities? October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.