Accounting for ...

When a company purchases some assets and issues debentures as a payment for the purchase, to the vendors it is known as issue of

While passing the journal entry for the purchase of assets from vendor which account should be credited

Vinod Limited offered 10,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed by 3 times. Company made full allotment to 2,000 applicants and pro-rata allotment to the applicants of 18,000 debentures. How many applications were rejected?

Vinod Limited offered 20,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed by 3 times. Company made full allotment to 4,000 applicants and pro-rata allotment to the applicants of 36,000 debentures and remaining applications rejected. How much amount is to be refunded by the company?

Vinod Limited offered 20,000 debentures @ 100 each at a premium of 10%. The issue was oversubscribed by 3 times. Company made full allotment to 4,000 applicants and pro-rata allotment to the applicants of 36,000 debentures and remaining applications rejected. What amount is to be credited to the Securities premium account?

If a company issues its debentures at premium and receive excess applications out of which some are rejected and pro-rata allotment made to the remaining. Full amount is payable on application only. What journal entries will you record?

Name the security which is issued in addition to the principal security

Under any situation Debentures cannot be shown in the Balance Sheet as:

Vinod Limited issued 7,000 debentures @ 1,000 each at a discount of 10%. Rs.300 payable on application and balance on allotment. Find the amount received on allotment?

When does a company issue debentures as collateral security