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On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? 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 On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.?.

Solutions for On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? defined & explained in the simplest way possible. Besides giving the explanation of On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.?, a detailed solution for On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? has been provided alongside types of On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? theory, EduRev gives you an ample number of questions to practice On 1 st April 2020 Sheru Ltd. issued 1,00,000 12% debentures of Rs. 100 each at a discount of 5%, redeemable on 31st March 2025. Issue was oversubscribed by 20,000 debentures, who were refunded their money. Interest is paid annually on 31st March. You are required to prepare : (i) Journal Entries at the time of issue of debentures. (ii) Discount on issue of Debenture Account (iii) Interest account and Debenture holder Account assuming TDS is deducted @ 10%.? tests, examples and also practice CA Foundation tests.