Question - 06 (A)

Y ltd. issued 2,000, 5% debentures of Rs. 100 each payable as follows: Rs. 25 on application; Rs. 50 on allotment and Rs. 25 on first and final call.


Question - 06 (B)

Samta limited issed 10,000, 8% debentures of Rs. 100 each amount payable Rs. 10 on application, Rs. 20 on allotment, Rs. 40 on first call and Rs. 30 per debenture on final call all amounts were duly received pass journal entries in the books of the company.


Question - 06 (C)

Ranjnish & co. issued 40,000, 9% debentures @ Rs. 100 each Rs. 10 on application, Rs. 40 on allotment and Rs. 50 on calls payable all the amounts were received pass necessary journal entries in the books of the company.

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