Q101mediummcqAccountancyCUET Accountancy 2023 20 June Shift 22026
Which of the following combinations for the issue and redemption of debentures is not practically possible or permissible in general accounting?
Q102mediummcqAccountancyCUET Accountancy 2023 11 June Shift 32026
Redemption of Debenture can be done by many ways. Identify the wrong option.
Q103hardmcqAccountancyCUET Accountancy 2023 11 June Shift 32026
Rancho Ltd. was running successfully since last 8 years. Post covid there were some financial problems faced by firm, like many industries were facing. Due to their past reputation they could manage the permission from SEBI for issuing of shares on 1 Aug, 2022. They also decided to issue 12% Debentures of Rs. 100 each at 10% Discount and were to be redeemed at 25% premium in such a way that they could arrange fund of Rs. 45,00,000. At the time of issue of Debenture they also issued equity Share of Rs. 30,00,000 at 20% premium.How much amount is to be debited in statement of profit and Loss to write off loss on Issue of Debentures?
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