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प्रश्न
No Debenture Redemption Reserve is required for debentures issued by ______.
विकल्प
Manufacturing companies
Infrastructure companies
Banking companies
Trading companies
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उत्तर
No Debenture Redemption Reserve is required for debentures issued by banking companies.
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संबंधित प्रश्न
Short Answer Question
What is meant by ‘Premium on Redemption of Debentures’?
What is meant by redemption of debentures?
Short Answer Question
How would you deal with ‘Premium on Redemption of Debentures’?
A company issued 10% Debentures of the face value of Rs,1,20,000 at a discount of 6% on April 01, 2011. The debentures are payable by annual drawings of Rs 40,000 commencing from the end of third year.
How will you deal with discount on debentures?
Show the discount on debentures account in the company ledger for the period of duration of debentures. Assume accounts are closed on March 31 every year.
Krishna Ltd. had outstanding 20,000, 9% debentures of ₹ 100 each on 1st April 2014. These debentures were redeemable at a premium of 10% in two equal installments starting from 31st March 2018. The company had a balance of ₹ 4,00,000 in Debenture Redemption Reserve on 31st March 2017. Pass necessary journal entries for the redemption of debentures in the books of Krishna Ltd. for the year ended 31st March 2018.
Which of the methods can be adopted to write off discount/loss on issue of debentures against the revenue profits?
Which of the following methods are there for redemption of debentures?
Give the necessary journal entries at time of redemption of debentures
"X Ltd. issued 500, 9% debentures of Rs.100 each at par and redeemable at par at the end of 5 years out of capital."
Shashi Ltd. decided to redeem its 8,000, 11% Debentures of ₹ 100 each at a premium of 10%. The minimum amount transferred to Debenture Redemption Reserve will be: (assume that the company is not listed)
If debentures purchased in the open market are not immediately cancelled, they are treated as:
