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प्रश्न
Megha Ltd. (an unlisted company) redeemed its 30,000, 8% Debentures of ₹ 100 each as follows:
| On 31st March 2022 | 15,000 Debentures |
| On 31st March 2023 | 10,000 Debentures |
| On 31st March 2024 | Balance Debentures |
Prepare Debenture Redemption Investment Account.
खातेवही
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उत्तर
| Dr. | Debenture Redemption Investment Account | Cr. | |||
| Date | Particulars | Amount (₹) | Date | Particulars | Amount (₹) |
| 2021-2022 | 2021-2022 | ||||
| 30 Apr. 2021 | To Bank A/c (5% of ₹ 15,00,000) | 2,25,000 | 31 Mar. 2022 | By Bank A/c | 75,000 |
| 31 Mar. 2022 | By Balance c/d | 1,50,000 | |||
| 2,25,000 | 2,25,000 | ||||
| 2022-2023 | 2022-2023 | ||||
| 1 Apr. 2022 | To Balance b/d | 1,50,000 | 31 Mar. 2023 | By Bank A/c | 75,000 |
| 31 Mar. 2023 | By Balance c/d | 75,000 | |||
| 1,50,000 | 1,50,000 | ||||
| 2023-2024 | 2023-2024 | ||||
| 1 Apr. 2023 | To Balance b/d | 75,000 | 31 Mar. 2024 | By Bank A/c | 75,000 |
| 75,000 | 75,000 | ||||
Working Note:
- Total Debentures = 30,000 × ₹ 100 = ₹ 30,00,000
- Redemption Schedule:
- 15,000 Debentures on 31/03/2022 → ₹ 15,00,000
- 10,000 Debentures on 31/03/2023 → ₹ 10,00,000
- 5,000 Debentures on 31/03/2024 → ₹ 5,00,000
- DRI Requirement for Unlisted Company
15% of ₹ 15,00,000 = ₹ 2,25,000 (Invested on 30/04/2021) - Encashment: ₹ 75,000 encashed each year over 3 years to match redemptions.
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