WitrynaWhen debentures are issued by company at a price less than its nominal value (face value) it is said to be issued at discount. It is important to note that the Companies Act has not put any restriction on the maximum limit of discount. For example, if a debenture of Rs. 1,000 is offered to public at Rs. 950, it is issue at a discount. Witryna27 maj 2024 · Debentures issued at discount and redeemable at par; Debentures issue at discount and redeemable at premium; The transactions related to the debentures are very important for the company. Therefore, the company records these transactions in its books of the company. In this article, we will discuss the treatment …
Issued at a Discount financial definition of Issued at a Discount
WitrynaAt Par. When the payment received and the nominal value of the debentures are similar or equal then it is the case of ‘Issue of Debentures at Par’. In other words, it is when … Witrynawhen a bond is issued at discount the amount received from bondholders is less than the face value (or par value) of the bond. The word redemption simply means paying … recyclinghof todtmoos
Journal Entries for Issue of Debentures - Your Article Library
Witryna3 lut 2024 · 1. Show by means of Journal entries how you will record the following issue: (a) X. Ltd. issue 8,000, 12% debenture of Rs 100 each at par, redeemable at the end of 5 year at par. (b) Y. Ltd. issue 8,000, 12% debenture of Rs 100 each at a discount of 5%, redeemable at the end of 5 year at par. (c) Z. Ltd. issue 8,000, 12% debenture … Witryna- With code WRP discount exists that will apply to the above program. Go to Sales > Daily Sales; Add 2 Adult tickets to program made in pre-condition. Add 2 Child tickets … Witryna5 wrz 2024 · Pass Journal Entries to record the Issue of Debentures in the following cases: a. 5000 15% debenture of Rs.100 each issued at Discount of 5% and redeemable at premium at 5% after 5 years. b. 10000 15% debenture of Rs.100 each issued at a premium of 10% and redeemable at par after 6 years. klick communications