Today, I will be sharing accounting questions that appeared last year
Pass Necessary Journal Entries for the issue of debentures in the following cases:
a) Issued 50,000, 9% debentures of Rs. 100 each at par redeemable at par.
b) Issued 10,000, 8% debentures of Rs. 100 each at 7% premium redeemable at par.
c) Issued 750, 8% debentures of Rs. 100 each at 10% discount redeemable at par.
d) Issued 1000, 9% debentures of Rs.100each at 5% premium redeemable at8% premium.
e) Issued 500, 9% debentures of Rs.100 rach at 10% discount redeemable at 10% premium.
a) Issued 50,000, 9% debentures of Rs. 100 each at par redeemable at par.
b) Issued 10,000, 8% debentures of Rs. 100 each at 7% premium redeemable at par.
c) Issued 750, 8% debentures of Rs. 100 each at 10% discount redeemable at par.
d) Issued 1000, 9% debentures of Rs.100each at 5% premium redeemable at8% premium.
e) Issued 500, 9% debentures of Rs.100 rach at 10% discount redeemable at 10% premium.
The Above question was of 5 marks. I hope you guys will do it. Should u share the answers of descriptive?
Anonymous Poll
86%
Yes
14%
No
The partnership deed should be properly drafted and prepared as per the provisions of the -------------- and preferably registered with the --------------
Anonymous Quiz
56%
Indian Partnership Act 1932, Registrar of companies.
31%
Indian Partnership Act 1932, Registrar of Firms
6%
Stamp Act, Registrar of Companies.
7%
Stamp Act, Registrar of Firms.
The answer to the above descriptive will be posted at 4 pm today
If You still wish to still join the single Accounts revision batch, then you can book you seat by calling on 011- 40848482
How many has solved that descriptive question?
Anonymous Poll
52%
Yes, waiting for the Answer
29%
No, We Don't Know how to solve
19%
Don't have time
Check your answer here and tell us in comments that how many entries were right out of the given five
Let's Start with economics Today, will be sharing a descriptive question that appeared in last year question. Are we ready?
Anonymous Poll
91%
Yes
9%
No
In the annual budget 2022- 23, the government of india set up disinvestment targets of Rs. 65,000 crore". Such proceeds from disinvestments can be classified as ------------------ receipts in the government budget as it leads to ----------- of the governm
Anonymous Quiz
57%
Capital, decrease in assets.
20%
Revenue, increase in assets.
17%
Capital, increase in Liabilities.
6%
Revenue, Decrease in Liabilities.
In the Indian economy, ----------- are issued by the Reserve Bank of India (RBI) and acts as legal tender money. i) Coins of all denominations ii) Currency notes of various denominations, except one rupee note. iii) Demand Deposits.
Anonymous Quiz
12%
Only (i)
20%
Only (iii)
46%
Only (ii)
22%
(i) and (ii)
" The process od credit creation by commercial banks comes to an end when the total of required reserves become equal to the initial deposits." With the help of numerical example, prove the given statement is true.
Like tomorrow, answer will be shared in the evening, so by that time, try to solve it properly.