No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.
  • 2 answers

Sudha Kumari 2 weeks ago

Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.

Sudha Kumari 2 weeks ago

Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.Wealth snap Loan App Customer cAre Helpline Number☎️❽❶❺❽❾❼⓿❻❽❷/+8158970682 just call now.
This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.
  • 5 answers

Maya Devi 2 weeks, 1 day ago

Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST

Maya Devi 2 weeks, 1 day ago

Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST

Maya Devi 2 weeks, 1 day ago

Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST

Maya Devi 2 weeks, 1 day ago

Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST

Maya Devi 2 weeks, 1 day ago

Skrill Pay Customer care helpline number@9831229001//∆//8962013573 CALL JUST
This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.
  • 5 answers

Imran Pasha 3 months, 1 week ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Imran Pasha 3 months, 1 week ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Imran Pasha 3 months, 1 week ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Imran Pasha 3 months, 1 week ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Imran Pasha 3 months, 1 week ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.
  • 1 answers

Durnoterang 7636887970 8 months, 1 week ago

Durnoterang
  • 1 answers

Preeti Dabral 1 year, 7 months ago

FIRST METHOD.  NO ENTRY IS PASSED FOR DEBENTURES

Journal

Date Particulars L.F. Debit (Rs.) Credit (Rs.)
2012
1st April
Bank A/c   Dr.
              To Canara Bank’s loan A/c
  4,00,000 ...
(Loan has taken from the bank against collateral security of debentures worth Rs.5 Lakhs)   .... 4,00,000

Balance Sheet of X Ltd.
As at 1st April, 2012

Particulars Notes No. (Rs.)
Equity And Liabilities   ...
3. Non-Current Liabilities   ...
         (a) Long-term Borrowing 1 16,00,000
Notes to Balance Sheet   ...
Note No. 1 (Rs.)
Long-Term Borrowings: ...
11% Debentures 12,00,000
Bank Loan (Against Collateral Security of Debentures Rs. 5,00,000) 4,00,000
.Total 16,00,000

Second Method. Entry for issue of Debentures is passed.

Journal

Date Particulars L.F. Debit (Rs.) Credit (Rs.)
2012, April 1 Bank A/c    Dr.   4,00,000 ...
                 To Canara Bank’s Loan A/c   ... 4,00,000
  (Loan Taken from bank)   ... ...
  Debentures Suspense A/c  Dr.   5,00,000 ...
                        To 11% Debentures A/c   ... 5,00,000
  (Issue of Rs. 5,00,000 Debentures issued as collateral Securities)   ... ...

Presentation of Debentures and Bank Loan will remain same as explained Balance Sheet Under 1st Method, however, presentation of information in note will differ.

Balance Sheet of X Ltd.
As at 31st March, 2013 (ASSUMED)

Particulars Notes No. (Rs.)
1. Equity and Liabilities   ...
2. Non-Current Liabilities   ...
      (a) Long-term Borrowings 1 16,00,000

IInd Method

Notes to Balance Sheet

Particulars (Rs.) (Rs.)
Note No. 1 ... ...
Other Long-term Borrowings: ... ...
11% Debentures (12,00,000 + 5,00,000) 17,00,000 ...
Less: Debentures Suspense A/c 5,00,000 12,00,000
Bank Loan (Against Collateral Security of Debentures of Rs. 5,00,000) ... 4,00,000
Total ... 16,00,000

*When the loan is paid to the lender, the above entry is cancelled by passing a reverse entry.

* If the company fails to pay the loan along with interest in time,the lender may recover the dues from the sale of primary security or by seeking redemption of collateral security, i.e., debentures. When the loan is paid back, the debentures issued as collateral security are returned to the company.These debentures do not carry any right till the time loan is being repaid along with due interest and the lender has not demanded the loan to be repaid.

  • 1 answers

Ram Yadav 1 year, 8 months ago

Hlo
  • 0 answers
  • 1 answers

Ram Yadav 1 year, 8 months ago

Hlo
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App