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On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer?.

Solutions for On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer?, a detailed solution for On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On May 01, 2003, Y Ltd. issued 7% 40,000 convertible debentures of Rs. 100 each at a premium of 20%. Interest is payable on September 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to profit and loss account for the year ended March 31, 2004 =?a)Rs. 2,80,000b)Rs. 2,33,333c)Rs. 3,36,000d)Rs. 2,56,667Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.