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Ask QuestionPosted by Ishant Roy 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
क्योंकि वह नहीं चाहती कि उसका पति उसे छोड़कर पैसा कमाने दूर जाए।
Posted by Sangita Hansda 1 year, 9 months ago
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Posted by Srishti Sharma 1 year, 8 months ago
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Posted by Sneha Raj 1 year, 9 months ago
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Preeti Dabral 1 year, 9 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.
Posted by Ak Createar 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
Ans. Shifting cultivation has been prevalent among many tribal communities in India. This is a type of subsistence farming in which a small patch of land is cleared by slashing and burning the vegetation. Ash is then mixed with the soil and crops are grown. The patch of land is utilised for a couple of years and is then left fallow for 10 to 12 years.
The colonial officials regarded this practice as harmful for the forests. They were afraid that an accidental fire could destroy valuable timber. Moreover, the shifting cultivators were difficult to control in revenue collection. The government hence banned shifting cultivation.
This affected many families. Many people were forced to work in low paying jobs, some were forced to migrate to cities in search of job. However, some people tried to resist the new laws through small and large rebellions.
Posted by Vedika Khandelwal 1 year, 10 months ago
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Tanveer Bhat 8 months ago
Posted by Zoya Zarrar 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
Because she enrolled herself in a mountaineering institute without his permission
Posted by Sakshi Keshri 1 year, 9 months ago
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Preeti Dabral 1 year, 9 months ago
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.
Posted by Sanjeet कुमार 1 year, 10 months ago
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Posted by Anita Patro 1 year, 11 months ago
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Mř Vikash## Nayak 10 months, 2 weeks ago
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Posted by Physics Wallah 1 year, 11 months ago
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Tanveer Bhat 8 months ago
Few rules to keep homework help section safe, clean and informative.
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