Distinguish between shares and debentures on the basis of convertibility (C.B.S. E. Sample Paper, 2018) Post category:Accountancy Reading time:1 mins read SOLUTION Shares cannot be converted into debentures or any other security whereas the debentures can be converted into shares if the terms so provide. 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 PostDifferentiate between ‘Equity Share’ and Debenture on the basis of risk involved. (C.B.S. E. Sample Paper. 2019). Next PostWhy would an investor prefer to invest in the Debentures of a Company rather than in its Shares? You Might Also Like Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were Rs. 1,40,000; Rs. 84,000 and Rs. 1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same. July 21, 2022 Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4: 3: 3. Their fixed capitals 1st April, 2018 were Rs. 9,00,000, Rs. 5,00,000 and Rs. 4,00,000 respectively. On 1st November, 2018, Yadu gave a loan of Rs. 80,000 to the firm, as per the partnership agreement. (i) The partners were entitled to an interest on capital @ 6% p.a. (ii)Interest on partners’ drawings was to be [email protected] 8% p.a. The firm earned profit of Rs. 2,53,000 (after interest on Yadu’s Loan) during the year 2018-19. Partners drawings for the year amounted to: Yadu – Rs. 80,000, Vidu – Rs. 70,000 and Radhu – Rs. 50,000. Prepare Profit and Loss Appropriation Account for the year ending 31st March, 2019. October 11, 2022 Current ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were Rs. 1,40,000; Rs. 84,000 and Rs. 1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same. July 21, 2022
Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4: 3: 3. Their fixed capitals 1st April, 2018 were Rs. 9,00,000, Rs. 5,00,000 and Rs. 4,00,000 respectively. On 1st November, 2018, Yadu gave a loan of Rs. 80,000 to the firm, as per the partnership agreement. (i) The partners were entitled to an interest on capital @ 6% p.a. (ii)Interest on partners’ drawings was to be [email protected] 8% p.a. The firm earned profit of Rs. 2,53,000 (after interest on Yadu’s Loan) during the year 2018-19. Partners drawings for the year amounted to: Yadu – Rs. 80,000, Vidu – Rs. 70,000 and Radhu – Rs. 50,000. Prepare Profit and Loss Appropriation Account for the year ending 31st March, 2019. October 11, 2022
Current ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. October 3, 2022