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On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? covers all topics & solutions for CA Foundation 2024 Exam.
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Here you can find the meaning of On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? defined & explained in the simplest way possible. Besides giving the explanation of
On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.?, a detailed solution for On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? has been provided alongside types of On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? theory, EduRev gives you an
ample number of questions to practice On 1st April 2014, X Ltd. issued ₹20,0009% Debentures of ₹100 each redeemable after 4 years. For this purpose a Sinking Fund was established. The investments were expected to earn 5% net per annum. Sinking Fund Table shows that ₹0.232012 invested annually at 5% amounts to ₹1 in 4 years. Give journal entries and necessary ledger accounts to deal with the redemption, assuming that investments were realised at par on 31st March 2018. Entries relating to interest on debentures may be ignored.? tests, examples and also practice CA Foundation tests.