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Which A/c is credited for transfer of interest on Debenture Redemption Fund Investment?

The company purchased plant with a book value of Rs. 1,90,000 from National Victory Company and agreed to pay via issuing 2000, 10% Debentures of Rs. 100 each at a discount of 5%.

Amount that will be credited to 10% Debenture A/c will be:

The money received from applicants to whom no debentures have been allotted will be ________

When own debentures are cancelled, any profit on cancellation is transferred to:

After the debentures are redeemed, the balance in the Sinking Fund Account is transferred to:

Debenture holders are:

The following journal entry is recorded in the books of RST Ltd. on issue of debentures :

Bank a/c Dr 18,00,000

Loss on issue of Debentures a/c Dr 6,00,000

To 14% Debentures 20,00,000

To Premium on Redemption of Debentunes 4,00,000

Debentures have been issued at a discount of :

Z Ltd issued 15,000, 12% Debentures of Rs.100 each at a premium of 2% redeemable at a premium of 5% In such case:

X Ltd. purchased assets from Y Ltd. for Rs.98,10,000. X Ltd. issued 12% Debentures of Rs.100 each at 10% discount against the payment. The number of debentures issued to Y Ltd. is:

Loss on issue of Debenture is a _______

Discount on Issue of Debentures

A. Is not a capital gain

B. Can be written off in any year

C. Can be written off from securities premium Reserve

D. Can be written off from General Reserve

Choose the correct answer from the options given below:

From Coupon Rate Point of view, Debentures are classified into:

When the number of Debentures applied for is more than the number of debentures offered to public, the issue is said to be: