Tag: book keeping and accountancy
Questions Related to book keeping and accountancy
Which of the following is false?
The underwriting commission in the case of issue of debentures cannot exceed _______________.
The following entry appears in the bools of Vikas Ltd
| BankA/c | 1,90,000 |
|---|---|
| Loss on issue of Debenture A/c | 26,000 |
| To 9% Debentures A/c | 2,00,000 |
| To Premium on Redemption of Debentures A/c | 16,000 |
| Debentures have been issued at a discount of |
Debentures Account is a -
An unsecured bond that provides no lien against property as security for bond obligation is classified as _____________.
Shares and debentures of blue chip companies are ___________ .
On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off in the first year i.e.
____________ Debentures are to be redeemed on the expiry of a certain period.
Debentures can be redeemed by :
The premium on issue of shares (whether received in cash or in kind) is a: