Win Ltd. issued 20,000, 8% debentures of Rs.10 each at par, which are redeemable after 5 years at a premium of 20%. The amount of loss on redemption of debentures to be written off every year will be
Win Ltd. issued 20,000, 8% debentures of Rs.10 each at par, which are redeemable after 5 years at a premium of 20%. The amount of loss on redemption of debentures to be written off every year will be
rs 8000
how?could u explain me?
PREMIUM PAYABLE ON REDEMPTION = 20000 SHARES * RS.10 * 20%
= 40000/-
LIFE OF DEBENTURE IS 5 YEARS THEN AMOUNT TO BE WRITTEN OF EACH YEAR WILL BE :=
= 40000 / 5
= RS.8000/- PER YEAR
Agreed with TEHSIN.....
| Originally posted by : Tehsinkhan pathan | ||
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PREMIUM PAYABLE ON REDEMPTION = 20000 SHARES * RS.10 * 20% = 40000/- LIFE OF DEBENTURE IS 5 YEARS THEN AMOUNT TO BE WRITTEN OF EACH YEAR WILL BE := = 40000 / 5 = RS.8000/- PER YEAR |
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Yes !!!
agree with tehsin and maddy
PREMIUM PAYABLE ON REDEMPTION = 20000 SHARES * RS.10 * 20%
= 40000/-
LIFE OF DEBENTURE IS 5 YEARS THEN AMOUNT TO BE WRITTEN OF EACH YEAR WILL BE :=
= 40000 / 5
= RS.8000/- PER YEAR
CAclubindia
