49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
Answers
Answer:
49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
Explanation:
49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
49. 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 redeemable as follows:
On 31st March 2016 2,000
Debentures;
On 31st March 2017 5,000
Debentures;
On 31st March 2018 3,000
Debentures.
Answer:
Explanation:
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