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X Limited Issued 10,000, 12% debentures of Rs. 100 each payable Rs. 40 on application and Rs. 60 on allotment. The public applied for 14,000…

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

X Limited Issued 10,000, 12% debentures of Rs. 100 each payable Rs. 40 on application and Rs. 60 on allotment. The public applied for 14,000 debentures. Applications for 9,000 debentures were accepted in full, applications for 2,000 debentures were allotted 1,000 debentures and the remaining applications, were rejected. All money was duly received. 12% Debenture Application A/c will be credited with -

Official previous-year question

Held on 27 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 4,00,000

  2. B

    Rs. 5,60,000

  3. C

    Rs. 4,40,000

  4. D

    Rs. 6,00,000

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