हिंदी

Relay Ltd. (an unlisted Non NBFC) redeems its 8,000, 10% Debentures of ₹ 100 each in instalments as follows: Date of Redemption 31st March, 2019 31st March, 2020 31st March, 2021 - Accounts

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प्रश्न

Relay Ltd. (an unlisted Non NBFC) redeems its 8,000, 10% Debentures of ₹ 100 each in instalments as follows:

Date of Redemption Debentures to be redeemed
31st March, 2019 2,000
31st March, 2020 5,000
31st March, 2021 1,000

On the basis of the above details, what will be the amount of Debenture Redemption Reserve which the company will transfer to General Reserve on 31st March, 2021?

विकल्प

  • ₹ 20,000

  • ₹ 50,000

  • ₹ 10,000

  • ₹ 80,000

MCQ
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उत्तर

₹ 10,000

Explanation:

Amount of Debenture Redemption Reserve, which the company will transfer to General Reserve on 31st March, 2021 is 10,000.

∴ 10% × ₹ 1,00,000 = ₹ 10,000

shaalaa.com
Creation of Debenture Redemption Reserve
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Company Accounts - Redemption of Debentures - OBJECTIVE TYPE QUESTIONS [पृष्ठ ८.४८]

APPEARS IN

डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 8 Company Accounts - Redemption of Debentures
OBJECTIVE TYPE QUESTIONS | Q (A) 11. | पृष्ठ ८.४८
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