DINKAR Ltd., issued 2,000, 10% debentures of Rs. 100 each on April 01, 2024 at a premium of 10% and redeemable at a premium of 10%. Debenture interest was paid half yearly on September 30 and March 31 and tax deducted at source is 10% for the period ending March 31, 2025. Journal entry for Debenture interest transferred to profit and loss account for the period ending March 31, 2025 will be:

ICT Co. Ltd. purchased assets worth Rs. 28,80,000. It issued debentures of Rs. 100 each at a discount of 4 per cent in full satisfaction of the purchase consideration. The number of debentures issued to vendor is:

Debenture Application & Allotment A/c Dr. 95,000

Loss on Issue of Debentures A/c Dr. 10,000

To 9% Debenture A/c 1,00,000

To Premium on Redemption of Debentures A/c 5,000

On the basis of the above entry, determine the rate of discount at which Rs. 1,00,000, 9% debentures of Rs. 100 each were issued if they were to be redeemed at a premium of 5%.

Manubhai Patel Company Limited purchased assets of the book value of Rs. 12,00,000 from another company and agreed to make the payment of purchase consideration by issuing 10% debentures of Rs. 100 each at 150% premium. Find the number of debentures issued?

Debentures issued for consideration other than cash includes, debentures :

(A) Issued to bank as additional security

(B) Issued to vendor

(C) Issued to Public

(D) Issued to creditor

(E) Issued for cash

Choose the correct answer from the options given below :

The following journal entry appears in the books of X Co. Ltd.

Debentures issued at discount of ______ and redeemable at a premium of ______.

"If the company fails to repay the loan along with interest, the lender is free to receive his money from the sale of the primary security and if the realisable value of the primary security falls short to cover the entire amount, the lender has the right to invoke the benefit of additional security whereby debentures may either be presented for redemption or sold in the open market".

Identify the type of issue of debentures stated in the above statement.