Please wait...
Contact Us
Contact
Need assistance? Contact us on below numbers

For Study plan details

93219 24448 / 89292 63204

10:00 AM to 7:00 PM IST all days.

For Franchisee Enquiry

81783 72169
OR

Chat with us on WhatsApp

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this number

93219 24448 / 99871 78554

Mon to Sat - 10 AM to 7 PM

Home / Doubts and Solutions/CBSE/Class 12 Commerce/Accountancy

Sanjay Limited issues 1000, 10% debentures of ₹100 years at a discount of 10%. These debentures redeemed after 5 years by converting into equity shares of ₹ 10 each at par. Makes necessary journal entries regarding the redemption in the books of the company.

Asked by raksha2sanubth 3rd December 2020, 11:30 PM
Answer this question
Previous Question
Next Question

Answer this question

×
Your answer has been posted successfully!

Free related questions

A Company purchased a machine costing ? 60,000 on 30th June, 2017. It further purchased machinery costing 40,000 on 1 April, 2018. It purchased another machine of 30,000 on 30th June, 2018. On 1.4.2019 the company sold 1/5th of the machinery (purchased on 30.6.2017) at ? 2000 and 2/3rds of the machiner purchased on 1 April, 2018 was sold for 10,000. Rate of depreciation is 10% p.a. under diminishin balance method. Company closes its accounts on 31* March every year. Prepare necessary ledger accounts for the period from 1.4.2017 to 31.3.2020.
3rd December 2020, 11:30 PM
Why are goods sold on credit? o Assets increase o Assets decrease o One asset increase and other asset decreases o Increase in Sales
3rd December 2020, 11:30 PM
Analysis of any financial statements consists of analysis of___
31st January 2022, 2:23 PM
On29the Feb -2019,the first call of Rs2/-per share became due on 50000 equity shares allowed by Na ya ltd. Komal a holder of 1000 shares did not pay the first call money, Kim a holder of 750 shares paid the second and the final call money Of rs4/- per share along with the first call.pass the nessasary journal entries for the above transactions by opening calls in arrears and calls in advance in the books of the company.
31st January 2022, 2:23 PM
question is in attachment
31st January 2022, 2:23 PM
RELATED STUDY RESOURCES :
CBSE Class-12-commerce QUESTION ANSWERS

Chat with us on WhatsApp