Amount received from the issue of debentures is :-
(A) Capital Receipts
(B) Revenue Receipts
(C) Capital & Revenue Receipts
(D) None of these
1 Answers
During an electrolysis of conc. `H_(2)SO_(4)` perdisulphuric acid `(H_(2)S_(2)O_(6))` and `O_(2)` form in equimolar amount. The amount of `H_(2)` than
Correct Answer - A Anode `{{:(2H_(2)SO_(4)toH_(2)S_(2)O_(8)+2H^(+)+2e^(-)),(2H_(2)OtoO_(2)+4H^(+)+4e^(-)):}}` `underline(" Cathode")" "{2H_(2)OtoH_(2)+2OH^(-)-2e^(-)}3)`. Net: `2H_(2)SO_(4)+8H_(2)OtoH_(2)S_(2)O_(8)+O_(2)+3H_(2)+6H^(+)+6OH^(-)` Hence ratio of `n_(O_(2))` and `n_(H_(2))` is `1:3`
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Discount on issue of debentures is :- (A) Fixed Asset (B) Current Asset (C) Real Asset (D) Fictitious Asset
Correct option is: (D) Fictitious Asset
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Discount on issue of debentures is of which nature ?
Correct option is: (B) Capital Loss
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In case of issue of debentures as a collacteral security for loan taken from the bank, which account will be debited ?
Correct option is: (D) Debenture Suspense Account
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When current ratio is 2 : 5 and the amount of current liability is Rs. 25,000, what is the amount of current assets ?
Correct option is: (C) 10,000
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25) Following errors were detected from the books of accounts of Amar. Give journal entries to rectify them. 1) Rs 5000 paid for wages for erecting the plant were entered in the wages \( A / c \) 2) Paid Rs 2000 as salaries to Ramu but an amount was debited to his personal \( A / c \). 3) Rs 6000 received from a customer namely Dinesh is credited to Capital \( A / c \)
Journal Entries:- 1) Wages A/c Dr.5000 To Plant A/c 5000 2) Suspense A/c Dr.4000 ...
2 Answers 1 views
Newton Ltd. purchased a Machinery from B for ₹ 5,76,000. to be paid by the issue of 9% Debentures of ₹ 100 each at 4% discount . Journalise the tr
Correct Answer - 6,000 Debentures of ₹ 100 each .
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On 1st April, 2015, Mathew Ltd. Issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5%, redeemable at a premium of 5%. These debentures were
Correct Answer - (i) year ended 31st March, 2016: Loss on issue of Debentues - ₹ 1,00,000 to be written off from Statement of Profit and Loss in the year...
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Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R
Correct Answer - Sahil
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Which one of the following factors is responsible for the amount of solar energy received …………….
Correct option is A) Latitude
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