CBSE-CLASS-XII SERIES
Accountancy

Accounting For Share And Debenture Capital

3 previous year questions.

Volume: 3 Ques
Yield: Medium

High-Yield Trend

3
2024

Chapter Questions
3 MCQs

01
PYQ 2024
medium
accountancy ID: cbse-cla
Pass Journal entries relating to the issue of debentures in the books of Novex Ltd. in each of the following cases:
  1. Issued 30,000, 10% Debentures of Rs.100 each at a premium of 10%, redeemable at par.
  2. Issued 4,000, 10% Debentures of Rs.100 each at a premium of 15%, redeemable at a premium of 10%.
  3. Issued 5,000, 10% Debentures of Rs.100 each at a discount of 5%, redeemable at a premium of 10%.
02
PYQ 2024
medium
accountancy ID: cbse-cla
Dove Ltd. issued 8,000, 11% debentures of Rs.100 each at a premium of 5%. The total amount of interest on Debentures for one year will be:
1
Rs.80,000
2
Rs.92,400
3
Rs.88,000
4
Rs.880
03
PYQ 2024
medium
accountancy ID: cbse-cla
Aarav Ltd. issued 10,000, 9% debentures of Rs.100 each at a premium of 5%, redeemable at a premium of 10%. Loss on issue of debentures account will be debited by:
1
Rs.10,00,000
2
Rs.1,00,000
3
Rs.1,50,000
4
Rs.1,05,000

About Accounting For Share And Debenture Capital - CBSE-CLASS-XII

Accounting For Share And Debenture Capital is a vital chapter for CBSE-CLASS-XII aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.

By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.

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