A Ltd. Issued 1,000, 10% debentures of .Rs 100 each at a premium of 5 % . What will be the total amount of interest for one year:
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Answer:
Ltd. Issued 1,000, 10% debentures of .Rs 100 each at a premium of 5 % . What will be the total amount of interest for one year:
Explanation:
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Answer:
Q.7 Journalise the following transactions and post them in the Ledger Accounts: (Oct 2014)
1. Sold goods worth Rs. 30,000 @ 10% T.D. and @ 5% C.D.
5. Purchased goods worth Rs. 15.000 at 5% T.D. and 10% C.D.
7.Bought goods worth Rs. 6,000 from Tom at 7.5% T.D. Paid to Tom Rs. 3.000 less 2% C.D.
9. Paid to Tom Rs.3,000 less 2%C.D
12. Paid the amount due to Tom and earned Rs. 20 discount.
18. Sold goods worth Rs. 5,000 to D at 2.5% T.D.
21.D paid to us half the amount due from him after deducting Rs. 25 as cash discount.
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24.Received Rs. 2,350 from D in full settlement of his account.
29. Sold goods to D worth Rs. 7,000 at 10% T.D. and at 2% C.D. He paid one-third amount in cash.
30. Purchased goods from Tom worth Rs. 5,000 at 2% C.D. and 2% T.D. and paid to him half the amount in cash.
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