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Company sold investments of ₹ 48,000 at ₹ 54,000. Debentures of ₹ 45,000 were redeemed at a premium of 20-%. Note that interest can compound on different schedules – most commonly monthly or annually. The more often interest compounds, the more interest you pay (or earn). If your interest compounds daily, you'd enter 365 for the number of time interest compounds annually. If it compounds monthly, you'd input 12 instead. Learn More About Compound Interest B) It is customary to prefix debentures with the agreed rate of interest in case of fixed interest.

R Ltd. issues 12% Debenture of ₹ 100 at a discount of 5%, redeemable at the end of 5 years at a premium of 10%. Which of the following entry is correct In a wide-ranging speech at an EU leaders’ conference in Moldova, the French president also set out plans for a fast enlargement of the EU; reconciliation between the east and west of Europe; and a clear path to Nato membership for Ukraine. We need to help Ukraine today with all means to carry out an effective counter-offensive” against Russian forces, Macron said.

b is an integer and is the power of 10 required so that the product of the multiplication in standard form equals the original number Note: This illustration is provided for information only, whilst every effort is taken to ensure their accuracy and we do actively maintain and update the salary calculator, the figures are for illustration only, always take professional advice before filing your return. 2023 Employer Superannuation Calculation ABC Ltd. issued 1196 debenture at ₹ 95, redeemable at the end of 10 year at 9896. Which of the following entry is correct Macron recalled that he once called the western defence alliance “brain dead”, but said Russia’s invasion last year “had jolted Nato awake”. This salary isn’t always a decent living wage if you live in a high cost of living area. Your housing and food expenses may be considerably higher than the budget category allowance allows, or vice versa in a low-cost of living region.

And the more you pay into your savings, the more you’ll earn in interest. Although 1% or 2% might not seem like much, it can add up over time - particularly good news if you’re saving up to buy a house, as every little really does help. What is compound interest? Did your jaw drop? It did for me; that’s a lot of deductions. Let’s concentrate on medical deductions and how they affect your earnings. He said various Nato members could provide these guarantees for the time being as Ukraine waits to join the alliance. The valuation may require permission from your mortgage lenders and for someone to inspect your home. You can expect the entire application process to take around 3 weeks. Choosing a lender On May 1, 2018, UWB Ltd. issued 7% 10,000 convertible debentures of ₹ 100 each at a premium of 20%. Interest is payable on September 30 and March 31 every year. Assuming that the interest runs from the date of issue, the total amount of interest expenditure debited to profit and loss account for the year ended March 31, 2019 will be:

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Which of the following is correct journal entry for annual contribution to sinking fund created for redemption of debentures

Under this formula, you can calculate simple interest taken over different frequencies, like daily or monthly. For instance, if you wanted to calculate monthly interest taken on a monthly basis, then you would input the monthly interest rate as "r" and multiply by the "n" number of periods. Simple Interest ExamplesDiscount on Issue of ₹ 5 can be debited to “Discount on Issue of Debenture A/c” and premium payable on redemption ₹ 10 which is also loss can be debited to “Loss on Issue of Debenture A/c”. He called for continuity in US policy towards Ukraine, but said the EU had to prepare for the possibility of a Republican administration being elected by strengthening its own defences. If the debentures are issued at a price higher than the nominal value of the debentures, the premium should be credited to ……………