AdditionalInformation:Interest on debentures is paid on half yearly basis on 30th September and 31st March eachyear.Debentures were redeemed on 30th September,2019. How much amount (relatedtoaboveinformation)willbeshowninFinancing ActivityforCashFlowStatementpreparedon31stMarch, 2020?(a) Outflow₹40,000.(b) Inflow ₹ 42,000.(c) Outflow₹58,000.(d) Outflow₹64,000.

Equityandliabilities 31-3-2019(₹) 31-3-2020(₹)10%Debentures 2,00,000 1,60,000AdditionalInformation:Interest on debentures is paid on half yearly basis on 30th September and 31st March eachyear.Debentures were redeemed on 30th September,2019. How much amount (relatedtoaboveinformation)willbeshowninFinancing ActivityforCashFlowStatementpreparedon31stMarch, 2020?(a) Outflow₹40,000.(b) Inflow ₹ 42,000.(c) Outflow₹58,000.(d) Outflow₹64,000

26 On July 01, 2022, Panther Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 8% premium andredeemable at a premium of 15% in four equal instalments starting from the end of the third year. Thebalance in Securities Premium on the date of issue of debentures was ₹ 80,000. Interest on debentureswas to be paid on March 31 every year.Pass Journal entries for the financial year 2022-23. Also prepare Loss on Issue of Debentures account.6PART BOption - I(Analysis of Financial Statements)27 ‘Freedom to Choose of method of depreciation’ refers to which limitation of financial statementanalysis.a) Historical analysis.b) Qualitative aspect ignored.c) Not free from bias.d) Ignore Price level Changes.OR. ............ is included in current assets while preparing balance sheet as per revised Schedule III butexcluded from current assets while calculating Current Ratioa) Debtors.b) Cash and Cash Equivalent.c) Loose tools and Stores and spares.d) Prepaid Expense.128 Debt-Equity Ratio of Dhamaka Ltd is 3 : 1. Which of the following will result in decrease in this ratio?a) Issue of Debentures for Cash of ₹2,00,000.b) Issue of Debentures of ₹3,00,000 to Vendors from whom Machinery was purchased.c) Goods purchased on Credit of ₹1,00,000.d) Issue of Equity Shares of ₹2,00,000.129 Statement I:- Sale of Marketable Securities will result in no flow of Cash. 1

what is debenture interest in accounts

Required: For each situation prepare the appropriate journal entry for the redemption of the debentures. (a) Whitewater Rafting Limited redeemed $130,000 face value, 3% debentures on 30 June 2022 at 102. The carrying amount of the debentures at the redemption date was $130,000. The debentures pay half-yearly interest, and the interest payment due on 30 June 2022 has been made and recorded. How is this journal entry

8% Debentures (2025) 250Administrative expenses 171Cash and cash equivalents 14Cost of sales 466Debenture interest 8Distribution costs 63Dividends paid 80Inventory at 31 December 2020 33Issued capital:Ordinary shares of $0.25 each at 31 December 2020 500Non-current assetsCost 1140Provision for depreciation at 1 January 2020 140Retained earnings at 1 January 2020 129Revenue 923Share premium at 31 December 2020 70Trade payables 42Trade receivables 792054 2054The following information is also available at 31 December 2020.1 Administrative expenses included insurance of $16 000 for four months ended31 January 2021.2 Depreciation should be provided on non-current assets at 25% per annum using the reducingbalance method. Depreciation charges should be allocated 20% to distribution costs and 80%to administrative expenses.3 The account of a credit customer, $3000, should be written off to administrative expenses asan irrecoverable debt.4 Debenture interest was outstanding for the second half of the year. The directors had issuedadditional debentures of $50 000 on 1 October 2020.