1. On first Jan' 1988 Megha corporation issued ten percent 40, 00, 1000 bonds of Rs 90 each by Rs 103. Issue price was zero. 5% of the amount brought up. On very first Jan 2008, Five years before their maturity the firm wanted to call the bonds by Rs 108. The corporation put in Rs 80, 000 upon reacquisition of bonds. What accounting articles would be exceeded in the literature of Megha Corporation?
installment payments on your On first January 2009 Shweta organization purchased 12, 00, 1000 of it is fully paid out shares at Rs twenty-two per talk about. On twentieth January 2009 the company offered 5, 00, 000 of the treasury inventory at Rs 25 and on 8th February 09 the others of treasury stock granted to personnel under share option system at an work out price of Rs 12-15 each. Show the journal entries to record the transactions.
3. 7 years ago Shweta company issued 95, 00, 1000 shares for Rs 13 each that includes a premium of Rs 4. On 1st January 2009 the corporation bought 10, 00, 000 of its completely paid stocks at Rs 22 every share. Upon 20th January 2009 the management of company chosen to retire the treasury inventory. Show the record entries to record the transactions.
four. In the year 2004 Shweta corporation released 100, 00, 000 shares at Rs 14 every that includes a superior of Rs 4. About 1st January 2009 the corporation purchased 10, 00, 000 of the fully paid out shares for Rs 12 per reveal. On twentieth January 2009 the supervision of company decided to retire the treasury stock. Demonstrate journal items to record the orders.
5. Sirisha Inc obtained a machine on lease for four years in 2004 which has a rental of Rs 40, 000 l. a. Last year the rental was renewed for 6 more years. The life of the asset is definitely 10 years. The business charges downgrading on direct line technique. If prevailing interest rate on the market is 14% then what would be the influence on deferred taxes? 6. On 1st The spring 2008 quantity of shares spectacular was 1800. On 31st August six hundred fresh stocks were issued for money consideration. Upon 1st January 2009 the business purchased back 600 of its own stocks. If the...