मराठी

Ayush Ltd. issued 50,000, 8% Debentures of ₹ 100 each at par redeemable at a premium. Loss on Issue of Debentures was written off ₹ 5,00,000 from Securities Premium and Statement of Profit & Loss each

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प्रश्न

Ayush Ltd. issued 50,000, 8% Debentures of ₹ 100 each at par redeemable at a premium. Loss on Issue of Debentures was written off ₹ 5,00,000 from Securities Premium and Statement of Profit & Loss each. At what rate, these debentures will be redeemed?

पर्याय

  • ₹ 105.

  • ₹ 110.

  • ₹ 115.

  • ₹ 120.

MCQ
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उत्तर

₹ 120.

Explanation:

Total Loss on Issue of Debentures:

₹ 5,00,000 + ₹ 5,00,000 = ₹ 10,00,000

Since debentures are issued at par, this loss represents premium on redemption.

Premium rate = `(10,00,000)/(50,00,000) xx 100 = 20%`

Hence, redemption price = ₹ 100 + ₹ 20 = ₹ 120.

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पाठ 9: Issue of Debentures - QUESTIONS [पृष्ठ ९.६७]

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टीएस ग्रेवाल Accountancy Double Entry Book Keeping Volume 1 and 2 [English] Class 12
पाठ 9 Issue of Debentures
QUESTIONS | Q 20. | पृष्ठ ९.६७
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