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A company issued Rs. 1,00,000 worth of $$7\frac{1}{2}\% $$  Debentures of Rs. 100 each at a discount of 5%. These debentures are repayable after 10 years in a lum-sum at a premium of 5%. The amount of loss on issue of debentures to be written-off each year will be

Correct Answer: Rs. 1,000

A company issued debentures of Rs. 60,000 at discount of Rs. 3,000 on 1st April 1996. they are repayable in 3 equal instalments each on 31st March, every year. The financial year of the company ends on 31st December every year. How much discount will be written off in the second year:

The 'Debenture Redemption Fund' of a company stood at Rs. 16,000 represented by Rs. 20,000 (nominal) investment. The company in order to redeem debentures of Rs. 10,000 at 1% premium sold Rs. 12000 (nominal) investments of Rs. 100 each at Rs. 84 each for the purpose of redeeming Rs. 10,000 debentures at a premium of 1%. After the redemption of debentures, the balance in the Debenture Redemption Fund a/c will be:

The Balance Sheet of a company includes, among other item, 10% Redeemable Preference Share of Rs. 1,60,000 fully paid, share premium Rs. 1,000 and a revenue reserve of Rs. 1,31,000. The company decided to redeem the above shares at a premium of 5% by issue of new shares. If the new issue of shares is to be at a premium of 20%, the minimum amount of new issue will be

What is/are the following differences between private and public limited companies?
1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company.
2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange.
3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.

A company bought assets worth Rs. 3,60,000 and in lieu issued debentures of Rs. 100 each at a discount of 10%. The number of debentures issued will be:

A company wishes to issue 1,000 7% debentures of Rs. 100 each repayable after 10 years for which the company will have to incur the following expenses:
Underwriting commission ⇔ 1.5%
Brokerage ⇔ 0.5%
Printing and Miscellaneous expenses ⇔ Rs. 1,000
The annual cost of capital would be:

X Ltd. purchased land and building worth Rs. 28,80,000 and in lieu issued debentures of Rs. 100 each at a discount of 4%. The number of debentures issued will be:

A company wants to redeem 9% 450 debentures of the face value of Rs. 100 per debenture at a premium of 10%. How many shares of the face value of Rs. 10 is to be issued if they are issued at a premium of 10%:

X Ltd. issued debentures of Rs. 100 at 5% discount for purchase of machinery worth Rs. 95,000. The number of debenture issued will be

A businessman imported Laptops, worth Rs 210000, Mobile phones worth Rs 100000 and Television sets worth Rs 150000. He had to pay 10% duty onlaptops, 8% on Phones and 5% on Television sets as a special case. How much total duty (in Rupees) he had to pay on all items as per above details?