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प्रश्न
On 1st June, 2017, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years. All the debentures were subscribed and allotment was made.
Prepare the Balance Sheet (extract) as at 31st March, 2018.
उत्तर
In the books of R Energy Ltd.
An Extract of Balance Sheet
As at 31st March, 2018
|
Particulars |
Note No. |
Amount |
| I. EQUITIES AND LIABILITIES |
|
|
| 1. Shareholders’ Funds |
|
|
| Reserves and Surplus |
3 |
(2,00,000) |
| 2. Non-Current Liabilities |
|
|
| a. Long-term Borrowings |
1 |
10,00,000 |
| b. Other long-term Liabilities |
2 |
1,00,000 |
| Total |
|
9,00,000 |
| II. Assets |
|
|
| Current Assets |
|
|
| Cash and Cash Equivalents |
4 |
9,00,000 |
| Total |
|
9,00,000 |
Notes to Accounts:
|
Note |
Particulars |
|
Amount (₹) |
| 1. | Long-term Borrowings |
|
|
| 10,000, 7% Debentures of ₹100 each issued at |
|
10,00,000 |
|
| 2. | Other long-term Liabilities |
|
|
| Premium on Redemption of Debentures |
|
1,00,000 |
|
| 3. | Reserves and Surplus |
|
|
| Statement of Profit & Loss |
|
|
|
| Less: Loss on Issue of Debentures written off |
(2,00,000) |
(2,00,000) |
|
| 4. | Cash and Cash Equivalents |
|
|
| On 7% debentures @ ₹ 90 each (10,000 × 90) |
9,00,000 |
||
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संबंधित प्रश्न
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| On 31st March, 2018 | 3,000 Debentures. |
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Statement 2 - Debenture is oral instrument acknowledging a debt under the common seal of the company"
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