3. Ravindram Ltd. A/c Dr. 2,00,000 1,60,000 To Equity Share Capital A/c 40,000 To Security Premium A/c = 2,00,000 =16,000 shares 10+2.5=12.5 2. 1 mark for 1st entry and 2marks for 2nd entry 1 Bank A/c Dr. 6,00,000 To 12%Debenture App.& Allot. A/c 6,00,000 2 6,00,000 12% Debentures App.& Allot. A/c Dr. 3,00,000 To 12% Debentures A/c 1,50,000 To Security Premium Reserve A/c 1,50,000 To Bank A/c 3. two marks for each type of redemption 1 Own Debenture A/c Dr. 81600 To Bank A/c 81,600 85000 12% Debentures A/c Dr. 2. 81600 To Own Debentures A/c 3400 To Profit on Redemption A/c 40,000 12% Debenture A/c Dr. 3. 40,000 To Debenture holder A/c 40,000 Debenture holder A/c Dr. 4. 40,000 To Bank A/c
3. Ravindram Ltd. A/c Dr. To Equity Share Capital A/c To Security Premium A/c = 2,00,000 =16,000 shares 10+2.5=12.5 2,00,000 1,60,000 40,000 2. 1 mark for 1st entry and 2marks for 2nd entry 1 2 Bank A/c Dr. To 12%Debenture App.& Allot. A/c 12% Debentures App.& Allot. A/c Dr. To 12% Debentures A/c To Security Premium Reserve A/c To Bank A/c 6,00,000 6,00,000 6,00,000 3,00,000 1,50,000 1,50,000 3. two marks for each type of redemption 1 2. 3. 4. Own Debenture A/c Dr. To Bank A/c 12% Debentures A/c Dr. To Own Debentures A/c To Profit on Redemption A/c 12% Debenture A/c Dr. To Debenture holder A/c Debenture holder A/c Dr. To Bank A/c 81600 85000 40,000 40,000 81,600 81600 3400 40,000 40,000
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