CBSE Class 12 Accountancy — Issue and Redemption of Debentures

All previous year questions from Chapter: Issue and Redemption of Debentures

3 questions found

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2026(3 questions)

6
$Which of the following is not correct about collateral security? OR 'A company is formed according to the provisions of Company Law' indicates which of the following characteristics of a company?$
1 mark· A· $Issue of Debentures as Collateral Security$
11
$On 1st April, 2024, Dina Ltd. issued 8,000, 9% debentures of Rs. 100 each at a discount of 6%. The total amount of interest due on debentures for the year ended 31st March, 2025 will be :$
1 mark· A· $Interest on Debentures$
21
$On 1st April, 2024 Bhumika Ltd. issued 500, 9% debentures of Rs. 500 each at a discount of 10% redeemable at a premium of 6% after five years. On 31st March, 2025 the company had a balance of Rs. 30,000 in its Securities Premium Account. Pass necessary journal entries for issue of 9% Debentures and writing off Loss on issue of Debentures. Also prepare 'Loss on Issue of Debentures Account'.$
4 marks· Part A· $Issue of Debentures at Discount, Redeemable at Premium — Loss on Issue of Debentures$