Question
On 1st April X Lts. issued Rs1, 00, 00015% Debentures of Rs 10 each at 94% redeemable at per as follows: YearendNominal value of
On 1st April X Lts. issued Rs1, 00, 00015% Debentures of Rs 10 each at 94% redeemable at per as follows: YearendNominal value of Total Debentures to redeemed The amount of discount to be 10% 20% 30% 40% written off each year assuming that the company closes its accounts on financial year basis is - 2 3 4 5 A B C D Rs2, 400, Rs1, 800, Rs1, 200, Rs600 Rs1, 500, Rs1, 500, Rs1, 350, Rs1,050, Rs600 Rs1, 200 each year None of these
Step by Step Solution
3.53 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
ANSWER C CALCULATION 1st year Rs1 00 000 15 94 Rs1 ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App