When the company redeem it's debentures at the end of the tenure by single payment is called ______
None of these
Purchase in open market
Payment in installments
Payment in lump sum
When the company redeem it's debentures at the end of the tenure by single payment is called payment in lump sum
What journal entries wilt be made in the following case s when company redeems debentures at the expiry of period by serving the notice:
(a) when debentures were issued at par with a condition to redeem them at premium;
(b) when debentures were issued at premium with a condition to redeem that at par; and
(c) when debentures were issued at discount with a condition to redeem them at premium?
Beeta Ltd, issued 5,000, 9% debentures of Rs 500 each. Pass the necessary journal entries for the issue of Debentures in the books of the company in the following cases:
(i) When debentures are issued at 10% premium and redeemable at par.
(ii) When debentures are issued at par and redeemable at 10% premium.
(iii) When debentures are issued at 5% premium and redeemable at 10% premium.
(iv) When debentures are issued at 25% to the vendors for machinery purchased for Rs 6,25,000.