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Subject: Accountancy, asked on 27/6/20

Paras Ltd. issued 40000, 11% debentures of 100 rupees each on 1st April 2015. Half
of the debentures were due for redemption on 31st March 2019. The company decided
to transfer the minimum required amount to Debenture Redemption Reserve on 31st
March, 2018 and invested the necessary amount in debenture Redemption Investments
on 30th April, 2018. Pass the necessary journal entries for Redemption of Debentures.

Subject: Accountancy, asked on 24/10/19

Plzz solve last question plz it's urgent

Subject: Accountancy, asked on 28/6/20

Shubham Limited invited applications for 1,00,000 equity shares of rupees 10 each at
a premium of 2 rupees per share payable as follows: on application 2.50 rupees, on
allotment 4.50 rupees (including premium), on first call 2.50 rupees and on final call
2.50 rupees per share.Applications were received for 1,50,000 shares and shares were
allotted pro-rata to the applicants for 1,20,000 shares and remaining applications were
rejected.A, who was allotted 200 shares could not pay the sum due on
allotment.Shares held by him were forfeited on his failure to pay the first call. B,
holding 300 shares, could not pay the two calls. The company forfeited his shares after
the final call was made.
Pass journal entries for forfeiture and re-issue in the books of Shubham Limited

Subject: Accountancy, asked on 28/6/20

Shubham Limited invited applications for 1,00,000 equity shares of rupees 10 each at
a premium of 2 rupees per share payable as follows: on application 2.50 rupees, on
allotment 4.50 rupees (including premium), on first call 2.50 rupees and on final call
2.50 rupees per share.Applications were received for 1,50,000 shares and shares were
allotted pro-rata to the applicants for 1,20,000 shares and remaining applications were
rejected.A, who was allotted 200 shares could not pay the sum due on
allotment.Shares held by him were forfeited on his failure to pay the first call. B,
holding 300 shares, could not pay the two calls. The company forfeited his shares after
the final call was made.

Subject: Accountancy, asked on 29/2/20

Solve qno 17 with working notes and no links . Send fast

Subject: Accountancy, asked on 29/6/20

I need help of experts , please help me..


Shubham Limited invited applications for 1,00,000 equity shares of rupees 10 each at
a premium of 2 rupees per share payable as follows: on application 2.50 rupees, on
allotment 4.50 rupees (including premium), on first call 2.50 rupees and on final call
2.50 rupees per share.Applications were received for 1,50,000 shares and shares were
allotted pro-rata to the applicants for 1,20,000 shares and remaining applications were
rejected.A, who was allotted 200 shares could not pay the sum due on
allotment.Shares held by him were forfeited on his failure to pay the first call. B,
holding 300 shares, could not pay the two calls. The company forfeited his shares after
the final call was made.
Pass journal entries for forfeiture and re-issue in the books of Shubham Limited.

Subject: Accountancy, asked on 28/6/20

Bharat Limited purchased plant and machinery for 20,00,000 rupees from Delhi
machines limited by paying 5,00,000 Rupees by cheque and balance by issue of 11%
debentures of rupees 100 each at a premium of 20%. Pass necessary entry in the books
of Bharat Ltd. for the above transactions. Pass necessary entries in the books of Bharat
Limited for the above transactions.

Subject: Accountancy, asked on 21/5/22

please solve this fast

Subject: Accountancy, asked on 29/6/20

Please help my expert , as early as possible.

Subject: Accountancy, asked on 20/10/22

Nagarjuna Ltd. Issued 2000, 8% debentures of ?100 each at 10% premium on 1st April 2021. Debentures were redeemable after 5 years at 10% premium. The company having a balance of 2,50,000 in its security premium account. Interest is payable by annually with tax deducted on a source deduction at 10%. Pass necessary journal entry for issue of debenture , writing off loses on debentures and payment of interest on debentures for the year 2021 and 2022.

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