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F LTD purchase machinery for a book value of rupees 4 lakh a consideration was paid by issue of 10% debenture of rupees hundred each and the rate of discount of 20% the debenture account will be credited by .how to do please help
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F LTD purchase machinery for a book value of rupees 4 lakh a considera...
Credit 10% debentures a/c by its original value itself i.e by 4L, bcs even though u issue debenture with discount it wont affect the value of debentures. And it's discount is written off from any reserves or sec.premium a/cFor a clarification can u reply me with how much machinery being debited there?
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F LTD purchase machinery for a book value of rupees 4 lakh a considera...
let 100 is the face value of Deb. so discount will be 20. Then calculate no. of Deb. i.e.400000/80=5000 . why 80 bcoz of rs. 20 discount. so no. of debentures is 5000 and face value is RS. 100 then debentures a/c credit by 5000*100=500000
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F LTD purchase machinery for a book value of rupees 4 lakh a consideration was paid by issue of 10% debenture of rupees hundred each and the rate of discount of 20% the debenture account will be credited by .how to do please help
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F LTD purchase machinery for a book value of rupees 4 lakh a consideration was paid by issue of 10% debenture of rupees hundred each and the rate of discount of 20% the debenture account will be credited by .how to do please help for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about F LTD purchase machinery for a book value of rupees 4 lakh a consideration was paid by issue of 10% debenture of rupees hundred each and the rate of discount of 20% the debenture account will be credited by .how to do please help covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for F LTD purchase machinery for a book value of rupees 4 lakh a consideration was paid by issue of 10% debenture of rupees hundred each and the rate of discount of 20% the debenture account will be credited by .how to do please help.
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