Question
From the following information, prepare cash flow statement:
Additional Information: Depreciation charged on plant amount to ₹ 80,000.
Additional Information: Depreciation charged on plant amount to ₹ 80,000.
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Calculate the trend percentages from the following information taking year ending 2015 as the base year:
From the following Balance Sheets of B.C.R.Ltd. as on 31.3.2010 and 31.3.2011,
prepare a Cash Flow Statement:
Additional Information:
During the year Equipment costing ₹ 1,00,000 was purchased. Loss on sale of Equipment amounted to ₹ 12,000. ₹ 18,000 depreciation was charged on Equipment.
prepare a Cash Flow Statement:
Additional Information:
During the year Equipment costing ₹ 1,00,000 was purchased. Loss on sale of Equipment amounted to ₹ 12,000. ₹ 18,000 depreciation was charged on Equipment.
On $1^{\text {st }}$ April, $2008$'a company made an issue of $₹ 2,00,000,6 \%$ Debentures of $₹ 100$ each, repayable at a premium of $10 \%$. The terms of issue provided for the redemption of $400$ debentures every year starting from the end of $31-3-2010$ either by purchase from the open market or by draw of lots at the company's option.
On $31-3-2010$, the company purchased for cancellation $300$ Debentures at $95\%$ and $100$ Debentures at $90\%$. Pass the necessary Journal entries for the issue and redemption of debentures assuming that the company had already created the Debenture Redemption Reserve $\mathrm{A} / \mathrm{c}$ by the required amount.
→On $31-3-2010$, the company purchased for cancellation $300$ Debentures at $95\%$ and $100$ Debentures at $90\%$. Pass the necessary Journal entries for the issue and redemption of debentures assuming that the company had already created the Debenture Redemption Reserve $\mathrm{A} / \mathrm{c}$ by the required amount.
Assuming that Debt to Equity Ratio is 0.5 : 1, state, giving reasons, whether this ratio will increase or decrease or will have no change in each one of the following cases:
- Issue of Preference Shares for Cash.
- Issue of Debentures for Cash
- Issue of Bonus Shares.
- Redemption of Debentures for Cash.
- Conversion of Debentures into Equity Shares.
- Purchase of a Fixed Asset for Cash.
- Purchase of a fixed Asset by taking long-term loan.
- Sale of Fixed Asset (Book value ₹ 5,00,000) for ₹ 4,00,000
- Sale of Fixed Asset (Book value ₹ 2,00,000) at a profit of ₹ 50,000.
Pass necessary journal entries in the books of Varun Ltd. for the following transactions:
- Issued 58,000, 9% debentures of Rs. 1,000 each at a premium of 10%.
- Converted 350, 9% debentures of Rs. 100 each into equity shares of Rs. 10 each issued at a premium of 25%.
- Redeemed 450, 9% debentures of Rs. 100 each by draw of lots.
A Ltd. issued 2,000; 9% Debentures of ₹100 each on the following terms:
₹ 20 on application; ₹ 20 on allotment; ₹ 30 on first call; ₹ 30 on final call.
The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries.
₹ 20 on application; ₹ 20 on allotment; ₹ 30 on first call; ₹ 30 on final call.
The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries.
Prepare comparative statement of profit and loss from the following statement of profit and loss:
A limited company issued ₹ 10,00,000; 9% Debentures at a discount of 6% on 1st April, 2014. These debentures are to be redeemed equally, in 5 annual installments starting from 31st March, 2015. Discount on Issue of Debentures is written off during the tenure of debentures.
Pass the journal entries for issue of debentures and writing off the discount.
Pass the journal entries for issue of debentures and writing off the discount.
How is ‘Discount on Issue of Debentures’ treated in the books of accounts? How will you deal with the ‘discount in issue of debentures’ when the debentures are to be redeemed in instalments?
Nirbhai Chemicals Ltd.issued ₹ 10,00,000; 6% Debentures of ₹ 50 each at a premium of 8% on 30th June, 2017 redeemable on 30th June, 2018. The issue was fully subscribed. Pass journal entries for issue and redemption of debentures. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures? Also, state how much amount should be invested in specified securities?