ABC Industries Ltd. issued 2,000, 10% Debentures of Rs.100 each, at a premium of Rs. 10 per debenture payable as follows: On application Rs. 50 On…
CUET UG 2025 — Accountancy Company Accounts
ABC Industries Ltd. issued 2,000, 10% Debentures of Rs.100 each, at a premium of Rs. 10 per debenture payable as follows: On application Rs. 50 On allotment Rs. 60 The debentures were fully subscribed, and all money was duly received. The amount of long-term borrowings on the balance sheet will be
Held on 24 May 2025 · Verified 13 Jul 2026.
Options
- A
2,00,000
- B
1,00,000
- C
1,20,000
- D
2,20,000
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