Don't give answer in image format a) Prepare Investment a/c in the Books of Shilpa and Co. for the Investments it made in Rajeev ltd.Date01st December, 201901st March, 2020Purchase /SalePurchasedSoldNumber ofDebentures10,000 $$10,000Price101.00103.00Brokerage1%1%b) M/S Rajeev Ltd. has issued 10% fully paid debentures of $ 100 each; Interest will be paid every halfyearly on 30th September and 31st March for every year. Calculate Accordingly. All the transactions aremade with the consideration that those are done "Ex-Interest".

A debenture is a bond or other kind of financial instrument that's also secured by the property.…

a) Prepare Investment a/c in the Books of Shilpa and Co. for the Investments it made in Rajeev ltd. Date 01st December, 2019 01st March, 2020 Purchase/ Sale Purchased Sold Number of Debentures Price Brokerage 10,000 $ 101.00 10,000 $ 103.00 1% 1% b) M/S Rajeev Ltd. has issued 10% fully paid debentures of $ 100 each; Interest will be paid every half yearly on 30th September and 31st March for every year. Calculate Accordingly. All the transactions are made with the consideration that those are done "Ex-Interest".

a) Prepare Investment a/c in the Books of Shilpa and Co. for the Investments it made in Rajeev ltd. Date 01st December, 2019 01st March, 2020 Purchase/ Sale Purchased Sold Number of Debentures Price Brokerage 10,000 $ 101.00 10,000 $ 103.00 1% 1% b) M/S Rajeev Ltd. has issued 10% fully paid debentures of $ 100 each; Interest will be paid every half yearly on 30th September and 31st March for every year. Calculate Accordingly. All the transactions are made with the consideration that those are done "Ex-Interest".

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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