Advertisements
Advertisements
प्रश्न
X Ltd. (an unlisted company) wants to redeem 5,000, 5% Debentures of ₹ 100 each at 5% premium. How much amount it must transfer to Debenture Redemption Reserve, if it has already a balance of ₹ 40,000 in Debenture Redemption Reserve Account?
संख्यात्मक
Advertisements
उत्तर
Number of debentures = 5,000
Face value per debenture = ₹ 100
Total face value = 5,000 × ₹100 = ₹ 5,00,000
Required DRR = 10% of ₹ 5,00,000 = ₹ 50,000
Existing balance in DRR = ₹ 40,000
Amount to be transferred to DRR = ₹ 50,000 − ₹ 40,000 = ₹ 10,000
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
