Question : The underwriters were to be paid a commission of  Rs. 48,000. 25% of the amount was paid to them in cash and the balance was paid by the issue of Debentures of Rs. 100 each at a discount of 10% to be redeemed at par. Number of debentures issued will be ____________.
 

Option 1: 480 Debentures 
 

Option 2: 400 Debentures 
 

Option 3: 360 Debentures 
 

Option 4: 280 Debentures 
 

Question : The underwriters were to be paid a commission of  Rs. 48,000. 25% of the amount was paid to them in cash and the balance was paid by the issue of Debentures of Rs. 100 each at a discount of 10% to be redeemed at par. Number of debentures issued will be ____________.
 

Option 1: 480 Debentures 
 

Option 2: 400 Debentures 
 

Option 3: 360 Debentures 
 

Option 4: 280 Debentures 
 

Question : On 1st April 2013, a Limited Co. issued 7,000 debentures of Rs.200 each at a discount of 5%. Debentures were to be redeemed at the end of seven years at par. The amount of Discount to be written off at the end of the fifth year will be _______.

Option 1: Rs. 70,000

Option 2: Rs. 20,000
 

Option 3: Rs. 10,000

Option 4: Rs. 50,000
 

Question : On 1st April 2013, a Limited Co. issued 7,000 debentures of Rs.200 each at a discount of 5%. Debentures were to be redeemed at the end of seven years at par. The amount of Discount to be written off at the end of the fifth year will be _______.

Option 1: Rs. 70,000

Option 2: Rs. 20,000
 

Option 3: Rs. 10,000

Option 4: Rs. 50,000
 

Question : Read the following information carefully and answer the question that follow: 

On 1st April, 2019, Sunshine Ltd. issued  Rs. 10,00,000, 15% Debentures of  Rs. 100 each at 8% discount payable:
 Rs. 40 on application, and
The balance on allotment.
These debentures were to be redeemed at a premium of 5% after five years. All the debentures were subscribed for by the public.
Interest on these debentures was to be paid half-yearly which was duly paid by the company.

Question:- 15% Debentures will be credited with _________.

Option 1: Rs. 4,00,000
 

Option 2: Rs. 6,00,000
 

Option 3: Rs. 9,20,000
 

Option 4: Rs. 10,00,000
 

Question : Read the following information carefully and answer the question that follow: 

On 1st April, 2019, Sunshine Ltd. issued  Rs. 10,00,000, 15% Debentures of  Rs. 100 each at 8% discount payable:
 Rs. 40 on application, and
The balance on allotment.
These debentures were to be redeemed at a premium of 5% after five years. All the debentures were subscribed for by the public.
Interest on these debentures was to be paid half-yearly which was duly paid by the company.

Question:- 15% Debentures will be credited with _________.

Option 1: Rs. 4,00,000
 

Option 2: Rs. 6,00,000
 

Option 3: Rs. 9,20,000
 

Option 4: Rs. 10,00,000