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Which of the following statements is incorrect about debentures?
Concept: Interest on Debentures
Pioneer Fitness Ltd. took over the running business of Healthy World Ltd. having assets of ₹ 10,00,000 and liabilities of ₹ 1,70,000 by:
- Issuing 8,000 8% Debentures of ₹ 100 each at 5% premium redeemable after 6 years @ ₹ 110; and
- Cheque for ₹ 50,000.
Pass the Journal entries in the books of Pioneer Fitness Ltd.
Concept: Issue of Debentures with Terms of Redemption
On July 01, 2022, Panther Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 8% premium and redeemable at a premium of 15% in four equal instalments starting from the end of the third year. The balance in Securities Premium on the date of issue of debentures was ₹ 80,000. Interest on debentures was to be paid on March 31 every year.
Pass Journal entries for the financial year 2022-23. Also prepare Loss on Issue of Debentures account.
Concept: Terms of Issue of Debentures> Issue of Debentures at Par
Define Management.
Concept: Concept of Management
State the importance of principles of management.
Concept: Significance of Management Principles
Explain briefly discipline and scalar chain as principles of general management.
Concept: Concept of Management Principles
Explain briefly Remuneration of Employees and Scalar Chain as principles of general management.
Concept: Concept of Management Principles
Explain the following principle of management:
Scalar chain
Concept: Concept of Management Principles
Explain the following principles of management:
Harmony, not discord.
Concept: Concept of Management Principles
Explain the following principles of management:
Subordination of Individual Interest to General Interest.
Concept: Concept of Management Principles
Explain the following principles of management:
Development of Each and Every Person to His or Her Greatest Efficiency.
Concept: Concept of Management Principles
Explain the following principle of management.
Authority and Responsibility
Concept: Concept of Management Principles
Explain the following principles of management:
Co-operation, not Individualism
Concept: Concept of Management Principles
Explain significance of principles of management.
Concept: Significance of Management Principles
Explain 'Universal Applicability' as a feature of principles of management.
Concept: Concept of Management Principles
Explain Meeting Changing Environment requirements.
Concept: Significance of Management Principles
Explain any three limitations of ‘Planning’.
Concept: Limitation of Planning
‘The pros and cons of each alternative need to be weighed.’ Name and briefly explain the logical steps in the process of planning which are followed by a manager before performing the step highlighted in the above statement.
Concept: Planning Process
State any three limitations of divisional structure of an organisation.
Concept: Structure of Organisation
Differentiate between formal and informal organization on the basis of the following:
Meaning
Concept: Structure of Organisation
