Crescent Ltd. issued 100000, 10.5% debentures of Rs.100 each. The total amount of interest payable on the debentures will be __________.
Y Ltd issued 2,000, 6% Debentures of Rs, 100 each payable as follows
Rs. 25 on applications; Rs. 50 on allotment and Rs. 25 on First and Final call.
Exercise Amar Ltd. issued 10,000 12% Debentures of Rs 100 each payable Rs 30 on application and remaining amount on allotment. The public applied for Rs 9,000 debentures which were fully allotted and on the relevant allotment money duly received. Give journal entries in the books of Amar Ltd.
Y.Ltd. issued 2,000, 6% Debentures of Rs 100 each payable as follows: Rs 25 on application; Rs 50 on allotment and Rs 25 on First and Final call.
Exercise Archana Ltd. issued 2,000 10% Debentures of Rs 100 each at a premium of Rs 10 per Debenture payable as follows:
The Debentures were fully subscribed and all money was duly received.
Pass Journal entries and show how the amounts appear in Balance Sheet.