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
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.Interest payable on the Debentures issued for the year ended Mar, 31st 2023 will be:
Q103easymcqAccountancyCUET 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.Debentures that will be redeemed only at the time of winding up of the company are known as:
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