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प्रश्न
On 1st April 2022, Galaxy ltd. had a balance of ₹8,00,000 in Securities Premium account. During the year company issued 20,000 Equity shares of ₹10 each as bonus shares and used the balance amount to write off Loss on issue of Debenture on account of issue of 2,00,000, 9% Debentures of ₹100 each at a discount of 10% redeemable @ 5% Premium. The amount to be charged to Statement of P & L for the year for Loss on issue of Debentures would be:
पर्याय
₹ 30,00,000
₹ 22,00,000
₹ 24,00,000
₹ 20,00,000
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उत्तर
₹ 24,00,000
Explanation:
Given balance = ₹8,00,000
20,000 equity shares of ₹10 each issued as bonus = ₹2,00,000
Remaining Securities Premium = 8,00,000 − 2,00,000 = ₹6,00,000
2,00,000 debentures of ₹100 each issued at 10% discount and redeemable at 5% premium.
Discount = 10% of 2,00,000 × 100 = ₹20,00,000
Premium on Redemption = 5% of 2,00,000 × 100 = ₹10,00,000
Total Loss = ₹30,00,000
Remaining balance in Securities Premium = ₹6,00,000 used to write off.
Balance Loss = 30,00,000 − 6,00,000
= ₹24,00,000
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संबंधित प्रश्न
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