Q. 27 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 27 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
On 1-4-2022, K.K Ltd. issued 500, 9% Debentures of ₹ 500 each at a discount of 4%, redeemable at a premium of 5% after three years.
Pass necessary Journal Entries for the year ended 31-3-2023 assuming that interest is payable on 30th September and 31st March. The company closes its books on 31st March every year.
[Ans. Total Interest of ₹ 22,500 and loss on issue of debentures ₹ 22,500 will be transferred to Statement of Profit & Loss on 31st March, 2023.]
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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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 |
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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 |
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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 |
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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 |
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41 | Question – 41 | |
42 | Question – 42 | |
43 | Question – 43 | |
44 | Question – 44 | |
45 | Question – 45 | |
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48 | Question – 48 | |
49 | Question – 49 | |
50 | Question – 50 |
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51 | Question – 51 | |
52 | Question – 52 | |
53 | Question – 53 | |
54 | Question – 54 |