WebDec 15, 2024 · Kati Ltd. issued 8,000, 9% debentures of ₹ 100 each at a discount of 10%. The full amount was payable on application. Applications were received for 9,000 debentures and allotment was made on pro-rata basis. Pass the necessary journal entries for the above transactions in the books of Kati Ltd. Advertisement Expert-Verified Answer WebTo issue 50 000 options, at an issue price of 75c per option. Each option allows the holder to subscribe for one ordinary share at an exercise price of $3 per share on or before 1 July 2024. By 1 July 2024, 40 000 of the options issued …
Ahsec Class 12 Accountancy Question Bank: Issue and …
WebStar Ltd. is registered with capital of ₹ 50,00,000 divided into 50,000 equity shares of ₹ 100 each, The Company issued 25,000 equity shares for subscription. Subscription was received for 23,750 shares and all the due amount was duly received, except the first and final call of ₹ 20 per share on 600 shares. WebMar 11, 2024 · Given, Iron Products Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows: (i) ₹ 40, including premium of ₹ 10 on applications; (ii) ₹ 45, including premium of ₹ 15 on allotment and. (iii) Balance as first and final call. marine cozzari
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WebNov 22, 2024 · Alka Ltd. issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue ₹ 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. Solution: Question 12. WebMar 29, 2024 · Iron Products Ltd. Issued 5,000, 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows: (i) ₹ 40, including prrmium of ₹ 10 on application , (ii) ₹ 45, including premium of ₹ 15 on... WebIron Products Ltd. issued 5,000,9% Debentures of 100 each at a premium of 40 in an annlication; e remaining applications. r the above transactions. of 40 payable as folloin Ver Click here👆to get an answer to your question ️ each at a premium of DOZA debentures were rejected a premium ol UU UN dal nevo automotive