Illu.16: On 31st Lecember, 2003 Andhra Traders Lid, showed in their accountE the following balances : Bs. 1.50,000 Debenture Redemption Fund Debenture Redemption Fund Investments 1.50,000 5% Debentures 150,000 On 1st March, 2004, the Company sold the investments for Rs.1.50,500 and the debentures were paid off. Prepare (a) Debenture A/e (b) Debenture Redemption Fund a/c (c) Debenture Redemption Fund Investment a/e.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 5SE: What is an annuity?
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Illu.16 : On 31st Lecember, 2003 Andhra Traders Lid, shored in thei accouts
the following balances :
Rs.
1.50.000
Debenture Redemption Fund
Debenture Redemption Fund Investments
1.50,000
5% Debentures
150,000
On 1st March, 2004, the Company sold the investments for Rs.150,500 and the
debentures were paid off. Prepare (a) Debenture A/e (b) Debenture Redemption Fud
a/c (c) Debenture Redemption Fund Investment a/e.
CS Scanned with CamScanner
Transcribed Image Text:Illu.16 : On 31st Lecember, 2003 Andhra Traders Lid, shored in thei accouts the following balances : Rs. 1.50.000 Debenture Redemption Fund Debenture Redemption Fund Investments 1.50,000 5% Debentures 150,000 On 1st March, 2004, the Company sold the investments for Rs.150,500 and the debentures were paid off. Prepare (a) Debenture A/e (b) Debenture Redemption Fud a/c (c) Debenture Redemption Fund Investment a/e. CS Scanned with CamScanner
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