Question

5. A company purchased its own 1,500 debentures of 100 each, at 96 in the open
market and immediately cancels them after purchase.
Pass journal entries in the books of company. (without narration)​

Answer 1

Answer:

5. A company purchased its own 1,500 debentures of 100 each, at 96 in the open

market and immediately cancels them after purchase.

Pass journal entries in the books of company. (without narration).

Answer 2

Explanation:

Rewrite the following sentences using the modals given in brackets. One has

been done for you.

Does she have permission to go home now? (may)

May she go home now?

1. The examiner told Sunil that he was allowed to leave the hall if he liked. (could)

2. The mother blessed her son and wished he would prosper. (might)

3. Even though I die, I am determined not to fail. (will)

4. You have an obligation to take care of your health. (should)

5. He will be permitted to go home tomorrow. (may can)

6. It is possible that I leave early. (would, could)

7. It is possible that you knew the consequences of your actions. (might)

8. We have an obligation to respect our parents. (should, must)

9. Sudhir is planning to invite the entire village for his daughter's birthday. (will)

10. Who has the ability to write ten poems in half an hour? (can