On 1st April 2007, Sunrise Limited issued 5000, 8% debenture of ₹ 100 each at a discount of 5%. What will be the total amount of interest for the year ending 31st March 2008?

Match List I with List II: List I | List II A. Excess of purchase consideration over the value of net assets | I. Issue of Debenture as collateral security B. Excess of net assets over purchase consideration | II. Goodwill C. Debenture Suspense Account | III. Issue of Debentures…

Which account is credited for transfer of interest on Debenture Redemption Fund Investment?

Match List I with List II List I | List II A. Share forfeiture | I. Reserve Capital B. Uncalled Capital | II. Pro-rata allotment C. Over-subscription | III. Capital Reserve D. Discount on issue of shares | IV. Reissue of shares Choose the correct answer from the option given belo…

As per SEBI Guidelines an amount equal to ………………of the debenture issue must be transferred to Debenture Redemption Reserve before redemption begins.

Balance of Forfeited Shares Account after reissue of forfeited shares is transferred to:

The company purchased a plant with a book value of ₹1,90,000 from National Victory Company and agreed to pay via issuing 2000, 10% debenture of ₹100 each at a discount of 5%. Amount that will be credited to 10% Debenture will be:

The directors of a company forfeited 400 equity shares of ₹ 10 each fully called up on which ₹ 1600 has been paid. All the forfeited shares were reissued upon payment of ₹ 3,000. Calculate the amount transferred to capital reserve.

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