Question

(ii) Rajan Ltd. issued 50.000 share at a lower price than the nominal value of
The shares issued are called :
(a) Sweat equity shares
(b) Redeemable Preference shares
(c) Equity shares
(d) Bonus shares.
(i) XYZ Ltd, issued 4.000, 12% debentures of 100 each at a premium of 5%. The total
amount of interest for one year will be:
(a) * 48.000
(1) 50,000
(c) 50.400
(d) 58.000.
Premium on Redemption of debentures account is​

Answer 1

Answer:

c is the answer of rajan question

Answer 2

Answer:

The total amount of interest for one year will be 50.400

Explanation:

What do you meant by interest?

• Interest is the price you pay to borrow money or the cost you charge to lend money. Interest is most often reflected as an annual percentage of the amount of a loan. This percentage is known as the interest rate on the loan.
• For example, a bank will pay you interest when you deposit your money in a high-yield savings account. The bank pays you to hold and use your money to invest in other transactions. Conversely, if you borrow money to pay for a large expense, the lender will charge you interest on top of the amount you borrowed.

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