Why are irredeemable debentures also known as perpetual debentures? (C.B.S.E. Sample Paper. 20I8). Post category:Accountancy Reading time:1 mins read SOLUTION Irredeemable debentures are called perpetual debentures because these are not repayable during the life span of the company. 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 entry may be passed when debentures are issued as Collateral Security? Next PostAmount raised by a company by debenture is loan or capital? You Might Also Like Azad and Benny are equal partners. Their capitals are Rs. 40,000 and Rs. 80,000 respectively. After the accounts for the year had been prepared, it was noticed that interest @ 5% p.a. as provided in the Partnership Deed was not credited to their Capital Accounts before distribution of profits. It is decided to pass an adjustment entry in the beginning of the next year. Record the necessary Journal entry. July 21, 2022 From the following compute Current Ratio: August 5, 2022 What is Sacrificing Ratio? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Azad and Benny are equal partners. Their capitals are Rs. 40,000 and Rs. 80,000 respectively. After the accounts for the year had been prepared, it was noticed that interest @ 5% p.a. as provided in the Partnership Deed was not credited to their Capital Accounts before distribution of profits. It is decided to pass an adjustment entry in the beginning of the next year. Record the necessary Journal entry. July 21, 2022