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प्रश्न
What is meant by redemption of debentures out of Capital?
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उत्तर
Redemption out of capital occurs when no profits are set aside for debenture redemption. No profits are moved to the Debenture Redemption Reserve in this scenario.
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संबंधित प्रश्न
Short Answer Question
What is meant by ‘Premium on Redemption of Debentures’?
Short Answer Question
What is meant by redemption of debentures by ‘Purchase in the Open Market’?
Long Answer Question
Explain the guidelines of SEBI for creating Debenture Redemption Reserve.
A company issued 10% Debentures of the face value of Rs,1,20,000 at a discount of 6% on April 01, 2011. The debentures are payable by annual drawings of Rs 40,000 commencing from the end of third year.
How will you deal with discount on debentures?
Show the discount on debentures account in the company ledger for the period of duration of debentures. Assume accounts are closed on March 31 every year.
On 1st April 2015, Mayfair Ltd. issued 4,000 9% debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 8%. The debentures were redeemable on 31st March 2019. The company created the necessary minimum amount of debenture redemption reserve and purchased the required amount of debenture redemption investments as per the provisions of Companies Act, 2013.
Pass the necessary journal entries for the redemption of debentures.
Convertible debentures cannot be issued at a discount if ______.
Which of the following column indicated in the statement given below is to be debited?
"Purchase of own debentures by the company for cancellation" ·
If debentures purchased in the open market are not immediately cancelled, they are treated as:
Premium on redemption of debentures is generally provided at the time of ______.
What is the nature of Premium on Redemption of Debenture Account?
