Class 12 Accountancy NCERT Solutions Chapter 2 - Issue and Redemption of Debentures
The NCERT Solutions for Class 12 Accountancy Part 2 Chapter 2, “Issue and Redemption of Debentures,” is now accessible, featuring essential questions and concise explanations. These carefully crafted point-to-point questions and answers, prepared by experienced educators, facilitate a thorough understanding of the chapter’s content. With these NCERT Solutions, students can independently master the chapter and effectively address its questions. By downloading the provided CBSE Class 12 Accountancy Part 2 Chapter 2 solutions in PDF format from this page, students have found substantial assistance in their studies.
FAQs on NCERT Solutions for Class 12 Accountancy Chapter 2 - Issue And Redemption Of Debentures
1. How can we solve the issue of debentures?
Debentures can be issued at par ( at the face value), at a premium, or at a discount. In general, when debentures are issued at par, two transactions are entered for initial recognition.
First, the bank account is debited and the debenture application account is credited.
The next entry would be debentures application account debited and x% debenture account is credit.
2. What is the issue of debenture?
When a company wants to borrow money from the public, it issues debentures. Therefore it can be said as a borrowing instrument that is given to the public under a company seal or signature. In other words, the issue of debenture is a contract of repayment of money raised from the public by a company. When that company needs money, they assure the public to invest their money in it.
3. What do you mean by debenture in Class 12th?
Class 12 Accountancy Debenture is a piece of paper that contains a contract between the lender and the borrower. It states that the principal amount taken from the lender will be repaid at a specified time period. That contract also defines the fixed rate of interest which will be given to the lender as a return for his investment in terms of the loan given to the required person.
4. What is the redemption of debentures?
Redemption of debenture is referred to as the repayment of the principal amount, which is given by the lender in accordance with the conditions made at the time of the issue. The borrower company paid the money back to the lender on the date of maturity which is after the specified period of holding such certificates. In this case, the money of the public is repaid to them by the company.
5. How can I download NCERT Solutions for Class 12 Accountancy Chapter 2?
To download NCERT Solutions for Class 12 Accountancy Chapter 2 Issues and Redemption of Debentures, you need to follow the under-mentioned steps carefully:
Visit the page NCERT Solutions Class 12 Accountancy Chapter 2 to download Class 12 Accountancy Chapter 2 Solutions.
Vedantu Solutions page for Class 12 Accountancy will open.
At the top of the page, you will find NCERT Solutions.
Click on the link and your pdf will start to download on your device.
You can practice questions with the help of these solutions to make yourself prepared for the exam. These PDFs are also available on the Vedantu app for downloading free of cost.
