Adda247 Commerce Class 12
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The following journal entry appears in the books of X Co. Ltd.
Bank A/c Dr. ₹4,75,000
Loss on Issue of Debenture A/c Dr. ₹75,000 To 12% Debentures A/c ₹5,00,000 To Premium on Redemption A/c ₹50,000 Debentures have been issued at a discount of:
Anonymous Quiz
18%
15%
64%
5%
18%
10%
0%
20%
1
A company issued debentures of ₹1,00,000, 9% debentures of ₹100 each at par but repayable at 5% premium. What amount will be debited to Loss on Issue of Debentures Account?
Anonymous Quiz
11%
₹1,00,000
35%
₹1,05,000
46%
₹5,000
8%
₹95,000
Assertion (A): Premium on issue of debentures is a capital gain.
Reason (R): Loss on issue of debentures is a revenue loss.
Anonymous Quiz
21%
Both A and R are true, and R explains A
45%
Both A and R are true, but R doesn’t explain A
7%
A is false, but R is true
27%
A is true, but R is false
🚨 CBSE CLASS 12th
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What is human capital formation linked to according to the text?
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73%
Human development
11%
Technological regression
9%
Decrease in economic growth
7%
Increase in physical resources
😁1
Apart from higher earning capacity, what is another benefit of education?
Anonymous Quiz
7%
Increased physical strength
88%
Better social standing and pride
5%
Reduced social interaction
0%
Decreased innovation
What is the role of educated labor force in adapting new technologies?
Anonymous Quiz
6%
Slows down adaptation
8%
Makes no difference
83%
Facilitates adaptation
3%
Prohibits adaptation
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Is there a relation between human capital and a country's economic growth?
Anonymous Quiz
3%
No relation
10%
A negative relation
17%
Only in certain industries
70%
A positive relation
Seema is a little hard of hearing.
Anonymous Quiz
24%
inaudible
49%
deaf
17%
disinterested
9%
insensitive
The detective went abroad in search of culprit but his journey proved to be a wild goose chase.
Anonymous Quiz
9%
expensive
59%
full of difficulties
31%
unprofitable adventure
1%
ill advised
A leader should respect the opinion of the rank and file.
Anonymous Quiz
12%
the poor people
43%
the military personnel
26%
the majority
20%
the common people