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Question :  Ashwathi Ltd. issued 40,00,000, 10% Debentures of Rs.50 each at a discount of 8% on April 1, 2010, redeemable in four equal annual instalments starting with March 31, 2013.
Securities premium account shows a balance of Rs.70,00,000. Compute the amount of discount/loss to be written off through statement of profit and loss account is –

 

Option 1: Rs 1.6 cores 

Option 2: Rs 0.09 crores 

Option 3: Rs 0.9 crores 

Option 4: Rs 16 crores 

Team Careers360 24th Jan, 2024

Correct Answer: Rs 0.9 crores 


Solution : Answer = Rs 0.9 crores 

Discount on issue of debentures(40,00,000@50 each)= 20,00,00,000×8%= 1,60,00,000.

Securitites premium reserve A/c.......Dr             70,00,000
Surplus in the statement of P&L A/c........Dr      90,00,000
         To Discount on issue of debentures A/c                            1,60,00,000
Hence, the correct option is 3.

7 Views

Question : How many independent princely states were integrated into India after independence?

Option 1: 575

Option 2: 545

Option 3: 535

Option 4: 562

Team Careers360 24th Jan, 2024

Correct Answer: 562


Solution : The correct option is 562.

The 562 independent princely states were integrated into India after independence. The leaders of these princely republics were persuaded to join India by Sardar Vallabhbhai Patel, the country's deputy Prime Minister and Home Minister.

39 Views

Question : Directions: If A denotes +, B denotes ×, C denotes –, and D denotes ÷, then what will come in place of (?) in the following equation?
140 D 7 A 30 = 25 B ? D 8

Option 1: 16

Option 2: 14

Option 3: 32

Option 4: 5

Team Careers360 20th Jan, 2024

Correct Answer: 16


Solution : Given:
If A denotes +, B denotes ×, C denotes –, and D denotes ÷.
140 D 7 A 30 = 25 B ? D 8

After interchanging the letters with symbols the equation becomes –
140 ÷ 7 + 30 = 25 × ?

23 Views

iam a telangana student studying in Rgukt inter 1st year in AP if i get 10 k below rank in ts eamcet can i eligible for apply scholarship?

Akansha Sharma 12th May, 2025

Yes, as a Telangana student studying in RGUKT, Andhra Pradesh, if you get a rank below 10,000 in TS EAMCET, you are eligible to apply for scholarships and fee reimbursement. Telangana provides fee reimbursement for students with a rank below 10,000, provided they have studied in government colleges or government-sponsored

15 Views

i got 82 marks in ts eamcet 2023 bcd caste which collegs i can get

Akansha Sharma 15th Dec, 2024

With an 82 mark in TS EAMCET 2023 and being in the BCD category, you may have chances to secure a seat in good colleges offering various branches of engineering or other courses under the reserved category quota. Colleges like JNTU Hyderabad, Osmania University, and some private institutions in Telangana

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Question : Identify the segment that contains a grammatical error. If there is no error, select 'No Error'.
Your ears are itching / because you are having an / allergic reaction.

Option 1: because you are having an

Option 2: your ears are itching

Option 3: allergic reaction

Option 4: No Error

Team Careers360 19th Jan, 2024

Correct Answer: No Error


Solution : The fourth option is the correct choice.

The sentence is grammatically correct. The sentence means that the itching of your ears is a result of a current allergic reaction.

Therefore, the sentence is: "Your ears are itching because you are having an allergic reaction."

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