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a) Prepare Investment a/c in the Books of Shilpa and Co. for the Investments it made in Rajeev Itd. Date Purchase/ Sale 01st December,
a) Prepare Investment a/c in the Books of Shilpa and Co. for the Investments it made in Rajeev Itd. Date Purchase/ Sale 01st December, 2019 01st March, 2020 Purchased Sold Number of Debentures 10,000 $ 101.00 10,000 $ 103.00 Price Brokerage 1% 1% b) M/S Rajeev Ltd. has issued 10% fully paid debentures of $100 each; Interest will be paid every half yearly on 30th September and 31st March for every year. Calculate Accordingly. All the transactions are made with the consideration that those are done "Ex-Interest".
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