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The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000.
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The last of them.1. On 1 February 2018, the reliance company issued 7...
< b="" />Issue and Redemption of Debentures< />
Debentures are long-term debt instruments issued by companies to raise funds from the public. They are essentially loans taken by the company, and the interest on these debentures is paid periodically. The process of issuing and redeeming debentures is governed by certain rules and regulations.
< b="" />1. Issue of Debentures< />
On 1 February 2018, the reliance company issued 7% debentures worth Rs 1,000 each to the public. Let's understand the details of this issue:
- Number of Debentures: The company issued 7% of the 1,000 debentures, which means 70 debentures were issued.
- Face Value: The face value of each debenture was Rs 1,000.
- Birth Certificates: Birth certificates were issued to 94% of the face value. Therefore, the birth certificates issued were 94% of Rs 1,000, which is Rs 940.
< b="" />2. Payment Schedule< />
The payment schedule for the debentures is as follows:
- Application: The applicants were required to pay Rs 50 per sheet on application.
- Allotment: On allotment, the applicants were required to pay Rs 500 (with rebate). The balance amount was payable on May 2018.
- Interest Payment: The company was required to pay interest on 30th June and 31st December, semi-annually. The first interest payment was fixed at 2% of the total issue amount.
< b="" />3. Calculation of Interest Payable< />
- Interest Payable on 30th June 2018: The total issue amount was Rs 10,00,000. The interest payable on 30th June 2018 was 2% of this amount, which is Rs 20,000.
- Interest Payable on 31st December 2018: The interest payable on 31st December 2018 was 35,000. The calculation for this interest amount is not mentioned in the given information.
< b="" />4. Sale of Debentures< />
It is mentioned that the debentures were sold, but the details of the sale are not provided in the given information. Therefore, it is unclear how many debentures were sold and at what price.
In conclusion, the given information provides an overview of the issue and redemption of debentures by the reliance company. However, certain details, such as the calculation of the interest payable on 31st December 2018 and the sale of debentures, are missing.
Debentures are long-term debt instruments issued by companies to raise funds from the public. They are essentially loans taken by the company, and the interest on these debentures is paid periodically. The process of issuing and redeeming debentures is governed by certain rules and regulations.
< b="" />1. Issue of Debentures< />
On 1 February 2018, the reliance company issued 7% debentures worth Rs 1,000 each to the public. Let's understand the details of this issue:
- Number of Debentures: The company issued 7% of the 1,000 debentures, which means 70 debentures were issued.
- Face Value: The face value of each debenture was Rs 1,000.
- Birth Certificates: Birth certificates were issued to 94% of the face value. Therefore, the birth certificates issued were 94% of Rs 1,000, which is Rs 940.
< b="" />2. Payment Schedule< />
The payment schedule for the debentures is as follows:
- Application: The applicants were required to pay Rs 50 per sheet on application.
- Allotment: On allotment, the applicants were required to pay Rs 500 (with rebate). The balance amount was payable on May 2018.
- Interest Payment: The company was required to pay interest on 30th June and 31st December, semi-annually. The first interest payment was fixed at 2% of the total issue amount.
< b="" />3. Calculation of Interest Payable< />
- Interest Payable on 30th June 2018: The total issue amount was Rs 10,00,000. The interest payable on 30th June 2018 was 2% of this amount, which is Rs 20,000.
- Interest Payable on 31st December 2018: The interest payable on 31st December 2018 was 35,000. The calculation for this interest amount is not mentioned in the given information.
< b="" />4. Sale of Debentures< />
It is mentioned that the debentures were sold, but the details of the sale are not provided in the given information. Therefore, it is unclear how many debentures were sold and at what price.
In conclusion, the given information provides an overview of the issue and redemption of debentures by the reliance company. However, certain details, such as the calculation of the interest payable on 31st December 2018 and the sale of debentures, are missing.
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The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures?
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The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures?.
The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures?.
Solutions for The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? defined & explained in the simplest way possible. Besides giving the explanation of
The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures?, a detailed solution for The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? has been provided alongside types of The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? theory, EduRev gives you an
ample number of questions to practice The last of them.1. On 1 February 2018, the reliance company issued 7% of the 1,000 debentures of the value of rs 1,000 into the public. Birth certificates were issued to 94% of their face value. 50 per sheet on application, 500 (with rebate) and the balance. Were payable on the may, 2018 Payment of interest was to be made on 30th June and 31st December per half. The first interest payable on 30th June 2018 fixed 2% of the total issue amount. The debentures were sold.In the year ending 31 December 2018, please log in the above journal.I am also happy to share the interest of rs 20,000 payable on 30th June 2018; The interest payable on 31st December 2018 is 35,000 one]How are you1 10,00,000 ×2100= 20,000; 2. 10,00,000 x7 ×6The last of them. H I12x 100= 35,000. Related: Chapter Notes - Issue and Redemption of Debentures? tests, examples and also practice Commerce tests.
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