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Advertisement Question no 40 Chapter 2- Class 12 Part 2 Unimax On 1st April, 2019, Sun India Ltd. issued 15,000, 12% debentures of ₹ 10 each at a discount of 5%, redeemable at par as follows: On 31st March, 2020 Read More …
Advertisement Question no 39 Chapter 2- Class 12 Part 2 Unimax Savita Ltd. issued 10,000, 8% debentures of ₹ 100 each at a discount of 20%. It had balance in Securities premium reserve of ₹ 1,20,000 and ₹ 20,000 in Read More …
Advertisement Question no 38 Chapter 2- Class 12 Part 2 Unimax On 1st April, 2021, Ashok Ltd. issued 5,000, 6% debenture of ₹ 700 each at a premium of 5% and redeemable at a premium of 10% after 5 years. Read More …
Advertisement Question no 37 Chapter 2- Class 12 Part 2 Unimax On 1st April, 2021, Sneha Ltd issued 10,000,9%, debenture of ₹ 100 each at a premium of 5% and redeemable at a premium of 10 after 7 years. According Read More …
Advertisement Question no 36 Chapter 2- Class 12 Part 2 Unimax Muskan Ltd. issued on 1st April, 2021, 20,000, 7% debenture of ₹ 100 each at 6% discount redeemable after 6 years at a premium of ₹ 10. All the Read More …
Advertisement Question no 35 Chapter 2- Class 12 Part 2 Unimax Jassi Ltd. issue don 1st April, 2021, 10,000, 9% debenture of ₹ 100 each at 6% discount redeemable after five years at a premium of ₹ 10. All the Read More …
Advertisement Question no 34 Chapter 2- Class 12 Part 2 Unimax On 1-4-2021, Riya Ltd. issued 30,000 8% debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 8% after three years. The amount was Read More …
Advertisement Question no 33 Chapter 2- Class 12 Part 2 Unimax Ricky Ltd. took over assets of ₹ 8,00,000 and liabilities of ₹ 1,00,000 of Vicky Ltd. at an agreed value ₹ 7,20,000. Ricky issued 10% debenture of ₹ 100 Read More …
Advertisement Question no 32 Chapter 2- Class 12 Part 2 Unimax On 1st April, 2021, Reetu Ltd. issued 20,000. 9% debenture of ₹100 each at a discount of 10% redeemable at par after 5 years. The issue price is payable Read More …
Advertisement Question no 31 Chapter 2- Class 12 Part 2 Unimax Tajinder Ltd. issued 21,000, 10% debentures of ₹ 100 each of April 1,2021, the interest is paid half yearly on 30september and 31st March every year, the rate of Read More …
Advertisement Question no 30 Chapter 2- Class 12 Part 2 Unimax Nagoke sports Ltd. issued 15,000; 10% debentures of ₹ 10 each on 1st April 2021. The issue was fully subscribed. According to the terms of issue, interest payable on Read More …
Advertisement Question no 25 Chapter 2- Class 12 Part 2 Unimax Pass the journal entries to record the issue of debentures in the following case:(1) 5,000, 15% debentures of ₹ 100 each issue at a discount of 5% and redeemable Read More …
Advertisement Question no 24 Chapter 2- Class 12 Part 2 Unimax On 1.1.2022 fast computer Ltd. issued 20,00,000, 6% debentures of ₹ 100 each at a discount of 4%, redeemable at a premium of 5% after three years. The amount Read More …
Advertisement Question no 23 Chapter 2- Class 12 Part 2 Unimax Journalise the following transactions.(1) X Ltd. issues ₹ 2,00,000, 12% debenture at a discount of 5% redeemable at par.(2) Y Ltd. issues ₹ 5,00,000 debentures at a discount of Read More …
Advertisement Question no 22 Chapter 2- Class 12 Part 2 Unimax Journalise the transactions given below:I. A debenture issued at ₹ 95, repayable at ₹ 100.II. A debenture issued at ₹ 95, repayable at ₹ 105.III. A debenture issued at Read More …
Advertisement Question no 21 Chapter 2- Class 12 Part 2 Unimax Pass the necessary journal entries in the books of the company in the following case:(1) 1,000, 8% debentures of ₹ 100 each have been issued at par and are Read More …
Advertisement Question no 20 Chapter 2- Class 12 Part 2 Unimax X Ltd. took over the assets of Y Ltd. ₹ 2,00,000. It also agreed to takeover the liabilities of Y Ltd. amounting to ₹ 50,000 for a purchase consideration Read More …
Advertisement Question no 19 Chapter 2- Class 12 Part 2 Unimax Suvidha Ltd. purchases machinery worth ₹ 1,98,000 from Suppliers Ltd. The payment was made by issue of 12% debentures of ₹ 100 each. Pass necessary journal entries for the Read More …
Advertisement Question no 18 Chapter 2- Class 12 Part 2 Unimax Sahil Ltd. purchased sundry assets costing ₹ 10,12,500 from Raman Ltd. it was agreed that the purchases consideration was to be paid by issue of 8% debentures. Assume the Read More …
Advertisement Question no 17 Chapter 2- Class 12 Part 2 Unimax X Ltd. purchased assets of Y Ltd. as under:Plant and Machinery ₹ 8,00,000Land and Building ₹ 72,00,000The purchases consideration was ₹ 80,00,000 ₹ 20,00,000 were paid through cheque and Read More …
Advertisement Question no 16 Chapter 2- Class 12 Part 2 Unimax X Textiles acquired assets of ₹ 1,50,000 and liabilities of 60,000 of Slow Ltd. the purchase consideration paid by issued of 12% debenture of ₹ 100 each of the Read More …
Advertisement Question no 15 Chapter 2- Class 12 Part 2 Unimax D Ltd. purchased machinery worth ₹ 2,00,000 from E Ltd. on 1.1.2022 ₹ 50,000 were paid immediately and the balance was paid by issue of ₹ 1,60,000, 12% debenture Read More …
Advertisement Question no 14 Chapter 2- Class 12 Part 2 Unimax A Ltd. took over assets of ₹ 10,00,000 and creditors of ₹ 1,00,000 from B Ltd. and issued 6% debenture of ₹ 100 each at a premium of 25% Read More …
Advertisement Question no 13 Chapter 2- Class 12 Part 2 Unimax Wash Well Ltd. purchased furniture for ₹ 2,00,000 from M/s furniture mart. ₹ 1,10,000 were paid by cheque. The balance was paid by issue of 12% debentures of ₹ Read More …
Advertisement Question no 12 Chapter 2- Class 12 Part 2 Unimax XY Ltd. purchased machinery for ₹ 2,97,000 from AB Ltd. The payment was made by issue of 9% debentures of ₹ 100 each. Pass necessary journal entries for the Read More …
Advertisement Question no 11 Chapter 2- Class 12 Part 2 Unimax Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume debentures have been issued Read More …
Advertisement Question no 10 Chapter 2- Class 12 Part 2 Unimax Newton Ltd. purchase a Machinery from B for an agreed purchase consideration of ₹ 5,76,000 to be satisfied by the issue of 9% debenture of ₹ 100 each at Read More …
Advertisement Question no 09 Chapter 2- Class 12 Part 2 Unimax A Ltd. purchased an established business for ₹ 2,00,000 payable as to ₹ 65,000 in cash and the balance by an issue of 9% Debenture of ₹ 100 each Read More …
Advertisement Question no 08 Chapter 2- Class 12 Part 2 Unimax A Ltd. issued 2,000, 9% Debenture of ₹ 100 each on the following terms:₹ 20 on application; ₹ 20 on allotment; ₹ 30 on first call; ₹ 30 on Read More …
Advertisement Question no 07 Chapter 2- Class 12 Part 2 Unimax A Limited company made an issue of 10,000, 14% debentures of ₹ 100 each at 5 % discount, which was fully subscribed. The debentures were allotted on 31st July, Read More …
Advertisement Question no 06 Chapter 2- Class 12 Part 2 Unimax Koinal Chemicals Ltd, issued 15,00,000, 10% debenture of ₹ 50 each at premium of 10% payable as ₹ 20 on application and balance on allotment, debenture are redeemable at Read More …
Advertisement Question no 05 Chapter 2- Class 12 Part 2 Unimax On 15.2.2022 ‘A’ Ltd. invited application for issue of 1,00,000 9% debentures of ₹ 100 each at a discount of 6% redeemable at par after three years. The full Read More …
Advertisement Question no 04 Chapter 2- Class 12 Part 2 Unimax A company issued 4,000, 14% debenture of ₹ 100 each payable as ₹ 30 On application and the balance on allotment. Application were received for 6,000 debentures out of Read More …
Advertisement Question no 03 Chapter 2- Class 12 Part 2 Unimax S. Ltd issued 2,000, 8% Debentures of ₹ 10 each at par payable as follows: On application ₹ 3; On allotment ₹ 2 and the balance in two equal Read More …
Advertisement Question no 02 Chapter 2- Class 12 Part 2 Unimax XYZ Limited issued 10,000, 10% debentures of ₹ 100 each at a premium of ₹ 5 per debenture, payable as follows:On application ₹ 40 (including premium)On allotment ₹ 65All Read More …
Advertisement Question no 01 Chapter 2- Class 12 Part 2 Unimax X Ltd. issued 1,200, 12% debentures of ₹ 100 each payable at ₹ 40 per debenture on application and ₹ 60 per debenture on allotment 1,000 debentures were subscribed Read More …