Premium on redemption of debentures account is transferred to ___________ at the time of redemption.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

See More Books

Question Posted: Aug 31, 2023 12:10 PM

See More Questions

True or False. Premium on issue of debentures can be used to pay premium on redemption of preference shares.
True or False. Both, premium on debentures and premium on redemption of debentures, carry the same meaning.
Maya, the owner of a small craft shop, inadvertently sold decorative wall hangings that included hazardous lead-based paint. The paint was a very small part of the finished product, and the crafts...
A rectangular plate lying on the xy plane has sides 2 in the x direction and in the y direction, thickness h in direction z, and is made of a material with Young's modulus E, Poisson's ratio v, and...
Can all taxpayers who claim a child as a dependent receive a child tax credit for that child? Explain.
Describe a typical business operating cycle. LO1
How did government intervention evolve between the first and second halves of the twentieth century? LO.1
Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017. 2016 Apr. 20 Purchased $40,250 of merchandise on credit from Locust, terms n30. Tyrell uses the...
Determine the balance at the end of the first quarter of: a) Inventory of goods in process: b) finished goods inventory : c) Cost of goods sold : d) Underapplied or Overapplied overhead for the...
True or False. Debentures can be issued at par and can be redeemed at discount.
Debentures are shown under the following heading in a companys balance sheet. (a). Secured loan. (b). Unsecured loan. (c). Share capital. (d). Current liabilities.
Launching satellites into space using rockets is expensive, prompting some engineers and scientists to consider firing satellites into space using what is essentially a very powerful gun. In one...
What type of corporate governance does Uniqlo utilise? (e.g. Agency Relationships, Ownerships Concentration, Membership of the Board of Directors (insiders, related outsiders, outsiders)). What type...
Air at a dbt (dry bulb temprature) of 30 C and a relative humidity of 30% is conveyed through a heated dryer where it is heated to a dbt of 80 C. Then it is conveyed through a bed of granular pet...
Do you think McDonald's entry strategy was appropriate for the Indian market? Explain there strategy according to Indian market.
Please do detailed market strategy and target market for this device as described below. the target area is east African market. "Safe locater" is a company that will be formed committed to develop...
how do you define technical performance measures(TPM)? what are the key differences between design department parameters (DDP) andTechnical performance measures (TPM). References if possible
Bill and Sally Kaplan have an annual spending plan that amounts to $36,000. If inflation is five percent a year for the next three years, what amount would the Kaplans need for their living expenses?
Time Travel Publishing was recently organized. The company issued common stock to an attorney who provided legal services worth $25,000 to help organize the corporation. Time Travel also issued...
How do you calculate the size of the buy back?
(a) What do you mean by "buy back of shares"? (b) What are the objectives of buying back ?
The following is the Balance Sheet of XYZ Limited as on 31.3.2017: The company decides to buy back 20% of its paid-up equity share capital at 11 each. For that purpose, it decides to issue 1,600...
Break-Even Sales and Sales to Realize Income from Operations For the current year ending October 31, Yentling Company expects fixed costs of $537,600, a unit variable cost of $50, and a unit selling...
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...

Premium on redemption of debentures account is transferred to ___________ at the time of redemption.

Question:

Step by Step Answer:

Corporate Accounting

Students also viewed these Business questions