[ISC] Q 17 Redemption of Debenture TS Grewal (2023-24)

Solution of question number 17 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)

Ramada Ltd. had outstanding 10,000, 8% Debentures of ₹ 100 each due for redemption as follows:

On 31st July, 2021	2,000 Debentures
On 31st July, 2022	3,000 Debentures
On 31st July, 2023	Balance Debentures

Explain how the company will invest in specified securities to redeem the debentures.

Solution:-

It will invest ₹ 30,000 (i.e., 15% of ₹ 2,00,000) in specified securities on or before 30th April, 2021.

If will further invest ₹ 15,000 in specified securities on or beofre 30th April, 2022 to make totl investment equal to ₹ 45,000 (i.e., 15% of ₹ 3,00,000).

If will further invest ₹ 30,000 in specified securities on or before 30th April, 2023 to make total investment equal to ₹ 75,000 (i.e., 15% of ₹ 5,00,000).

Before redemption of 5,000, 8% Debentures on 31st July, 2023, the investment will be realised.

Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.

S.N	Questions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

S.N	Questions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

S.N	Questions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28
29	Question – 29
30	Question – 30

S.N	Questions
31	Question – 31
32	Question – 32
33	Question – 33
34	Question – 34
35	Question – 35
36	Question – 36
37	Question – 37
38	Question – 38
39	Question – 39
40	Question – 40

S.N	Questions
41	Question – 41
42	Question – 42
43	Question – 43
44	Question – 44
45	Question – 45
46	Question – 46
47	Question – 47
48	Question – 48
49	Question – 49
50	Question – 50

S.N	Questions
51	Question – 51
52	Question – 52
53	Question – 53
54	Question – 54
55	Question – 55