![zevera premium account 4-9-2016 zevera premium account 4-9-2016](https://i.pinimg.com/736x/8c/83/f4/8c83f45b366dd304111a3f493d4e2792--cookies-generators.jpg)
![zevera premium account 4-9-2016 zevera premium account 4-9-2016](https://activepremium.files.wordpress.com/2016/03/filejokernet.png)
purchased a Machinery from B for ₹ 5,76,000 to be paid by the issue of 9% Debentures of ₹ 100 each at 4% discount.
![zevera premium account 4-9-2016 zevera premium account 4-9-2016](https://alternative.me/media/256/downloader-guru-icon-1m5z7lye9var0220-c.png)
Give journal entries in the books of Wye Ltd. purchased an established business for ₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ₹ 100 each at a discount of 10%. Pass journal entry.Ī limited company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the normal (face) value of ₹ 100 each at a discount of 10%. The company decided to issue 1,000, 6% Debentures of ₹ 100 each to Amrit and Bhaskar each for their services in incorporating the company. was promoted by Amrit and Bhaskar with an authorised capital of ₹ 10,00,000 divide into 1,00,000 shares of ₹ 10 each. Record necessary entries regarding issue of 10% Debentures.Īmrit Ltd. According to the terms of issue ₹ 500 was payable on application and the balance amount on allotment of debentures. issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. issued 12,000 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application 20% on allotment and balance after three months. Calls were made and due amount was received. The issue was subscribed and allotment made. (ii) ₹ 45, including premium of ₹ 15 on allotment and (i) ₹ 40, including premium of ₹ 10 on applications issued 5,000 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows: Debentures were allotted to the remaining applications.
![zevera premium account 4-9-2016 zevera premium account 4-9-2016](https://alternative.me/media/256/alldebrid-icon-wzls32d6ntu1gcms-c.png)
Applications for 3,500 debentures were rejected and application money was refunded.
Zevera premium account 4 9 2016 full#
The full amount was payable on application.Īpplications were received for 13,500 debentures. invited applications for 10,000 12% Debentures of ₹ 100 each at a premium of ₹ 70 per debenture. Record necessary Journal entries at the time of issue of 10% Debentures. According to the terms of issue, ₹ 200 was payable on application and balance on allotment. issued 7,000, 10% Debentures of ₹ 500 each at a premium of ₹ 50 per debenture redeemable at a premium of 10% after 5 years. You are required to give Journal entries and prepare Cash Book.Īlok Ltd. The debentures were applied for and the amount was dully received. Nipa Limited issued ₹ 10,00,000 Debentures of ₹ 100 each at a premium of 10%, payable 25% on application (including premium) and the balance on allotment. ₹ 10 on application ₹ 20 along with premium on allotment and balance on first and final call. issued 5,000 8% Debentures of ₹ 100 each at a premium of 5% payable as follows: Pass necessary Journal entries for the above transactions in the books of Narain Laxmi Ltd.
Zevera premium account 4 9 2016 pro#
Allotment was made to all the applications on pro rata. Applications were received for 10,000 Debentures. The full amount was payable on application. invited applications for issuing 7,500 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture. Pass Journal entries in the books of the company. Debentures were allotted and excess application money was refunded. Applications were received for 60,000 debentures. issued 40,000 10% Debentures of ₹ 100 each at par for cash payable in full along with the application.