Question

premium payable is debited to
A. Debentures Suspense Account
B. Premium on Redemption of Debentures Account
C. Loss on issue of debentures Account
D. Both (A) and (O)
4. Subscription received during the year 2018-19. Rs. 1, 5000 Outstanding subscription as an
31" Manh, XOS Rs. 1,00,000. The amount shown in subscription receipe will be
A R. 1000
BRs. 1,50.000
D None of these
At the time of dixsolution of a firm. Debtors were Rs 17000 out of which Rs. 500 became i
head and the rest realized 60%. Which account will be debited and by how much amount?
A. Realization Account by Rs. 16.500
B. Profit and Loss Account by Rs. 50
C. Cash Account by Rs. 9.900
D Debtor Account by R: 7.100​

Answer 1

Answer:

1. premium payable debited to loss on issue of debenture

2. in this question information is not clear

3. cash account debate by 9900