मराठी

On 1st April, 2021, Bhim Ltd. issued 2,000, 5% Debentures of ₹100 each as follows: (a) For cash at a discount of 5% - ₹80,000 (Nominal); (b) To a vendor for ₹ 60,000 in satisfaction of his claim - Accounts

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प्रश्न

On 1st April 2021, Bhim Ltd. issued 2,000, 5% Debentures of ₹100 each as follows:

(a) For cash at a discount of 5% ₹80,000 (Nominal)
(b) To a vendor for ₹ 60,000 in satisfaction of his claim ₹70,000 (Nominal)
(c) To Bankers for a loan of ₹40,000 as collateral security ₹50,000 (Nominal)

The interest on these debentures was to be paid annually on 31st March every year by the company.

You are required to calculate interest on these debentures payable by the company on 31st March, 2022.

बेरीज

उत्तर

Value of debentures on which interest is to be calculated = 80,000 + 70,000 = ₹ 1,50,000

Interest on debentures = ₹ `1,50,000 xx 5/100 = "₹ " 7,500`

Interest on debentures payable by company on 31st March 2022 is ₹ 7,500.

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Interest on Debentures
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2022-2023 (March) Official

संबंधित प्रश्‍न

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Answer in a sentence only.
What do you mean by ‘Debenture Interest’?


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Rs 10 on Application;

Rs 20 along with premium on allotment and balance on First and Final call. Record necessary Journal Entries.


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Rs 20 on Allotment;

Rs 30 on First call; and

Rs 30 on Final call.

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