Iron products ltd issued 5000
WebDinesh Ltd. issued 5,000 shares of Rs. 100 each at par, payable as follows : `{:(,"Rs."),("On Application",25),("On Allotment",25),("On First Call",20),("O... WebJul 4, 2024 · Iron Products Ltd. issued 5,000; 9 % Debentures of र 100 each at a premium of र 40 payable as follows;i 40 , including premium of र 10 on applications;ii 45 , including premium of र 15 on allotment ; andiii Balance as first and final call.The issue was subscribed and allotment made.
Iron products ltd issued 5000
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WebIron Products Ltd. issued 5,000: 996 Debentures of 100 each at a premium of 40 0 40, including premium of 10 on application; (1) 45, including premium of 15 on allotment; and (iii) Balance as first and final call. and due amount was received, The issue was subscribed and allotment made. Calls were made and due amount was rer Pass Journal entries. WebFeb 3, 2024 · X Ltd. issued 5,000, 16% debentures of Rs. 100/- each at a discount of 5% repayable after 5 years at a premium of 5%. You are required to pass journal entries and show the “Loss on Issue of Debentures Account” over the period of five years. ... Janata Iron Stores Pvt. Ltd. redeemed Rs. 30, 00,000, 8% debentures issued at premium of 5% as ...
WebQ1. ABC ltd. Issued 10% irredeemable debentures of Rs 100000 each at par of Rs 100. Find out the cost of capital if debentures have been issued at 1) at par 2) at discount of 10% & 3) at Premium 10%. Ans. 10%, 11% & 9%. Q2. Shanno Ltd. Has issued 30000 irr. Deb. 14% deb. of Rs 150 each. The cost of flotation of WebAug 9, 2024 · Raj Ltd. issued 5,000; 8% Debentures of Rs.100 each at a premium of 5% payable as follows: Rs.10 on application; Rs.20 along with premium on allotment and balance on first and final call. Pass necessary Journal entries. company account issue of debentuer class-12 1 Answer +2 votes answered Aug 9, 2024 by Samim Ahamad (106k …
WebIron products Ltd. issued 5000,9% debentures of 100 each at a premium of ₹40 payable as follows: (i)₹40,including premium of ₹10 on application (ii) ₹45 including premium of ₹15 on allotment. (iii) balance as first and final call. The issue was subscribed and allotment made. WebOct 4, 2024 · Ada₹h Cosmetics Ltd. Issued 5,000, 9% Debentures of ₹ 100 each on 1st April, 2024 redeemable at a premium of 8% after 10 yea₹. According to the asked Oct 4, 2024 in Accounts by Riteshsingh ( 90.0k points)
WebIron Products Ltd. issued 5,000,9% Debentures of 100 each at a premium of 40 in an annlication; e remaining applications. r the above transactions. of 40 payable as folloin Ver Click here👆to get an answer to your question ️ each at a premium of DOZA debentures were rejected a premium ol UU UN
WebIssued 5,000; 9% Debentures of ₹. 100/- each at par redeemable at 10% premium after 5 years. Pass the journal entry. Solution: Question 5 V Ltd. issued 5,000; 9% debentures of ₹. 100/- each at par and also raised a loan of ₹. 80,000/- from the bank, collaterally secured by ₹. 1,00,000/-; 9% debentures. can a gas dryer be vented insideWeb9. Iron Products Ltd. issued 5,000: 996 Debentures of 100 each at a premium of 40 0 40, including premium of 10 on application; (1) 45, including premium of 15 on allotment; and (iii) Balance as first and final call. and due amount was received, The issue was subscribed and allotment made. Calls were made and due amount was rer can a gas giant have lifeWebAug 27, 2024 · Iron Products Ltd. issued 5,000; 9% Debentures of Rs. 100 each at a premium of Rs. 40 payable as follows: (i) Rs. 40, including premium of Rs. 10 on applications; (ii) Rs. 45, including premium of Rs. 15 on allotment and. (iii) Balance as first and final call. fisherman\u0027s prayer poemWebAlka Ltd . issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years . According to the terms of issue ₹ 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. fisherman\u0027s prayer t shirtWebFeb 6, 2024 · Applications were received for 9,000 debentures and allotment was made on pro-rata basis. Pass the necessary journal entries for the above transactions in the books of Kati Ltd. (ii) Sati ltd. Took loan from WTX bank for Rs 5,00,000 and issues 10% debentures of Rs 7,00,000 as collateral security. can a gas boiler run on hydrogenWebTo issue 50 000 options, at an issue price of 75c per option. Each option allows the holder to subscribe for one ordinary share at an exercise price of $3 per share on or before 1 July 2024. By 1 July 2024, 40 000 of the options issued … fisherman\u0027s prayer signWebOn January 1, 2024, Branson Corporation issued 500,000 of convertible bonds at par value. The bonds were issued with a stated interest rate of 3%. Each 1,000 bond is convertible into 20 shares of the corporations 1 par value common stock. Branson may also elect to settle bonds with a cash payment in lieu of issuing stock. can a gas generator charge a tesla