On 1 January 2020, Vivek plc issued 50,000, 100 2 per cent debentures to investors for 55 each The debentures are redeemable at their par value of 100 in five years' time, 31 December 2024 The interest rate implicit for the debenture is 15 62 per annum REQUIRED In accordance with IAS 39 Financial ...

per JAS 39 Debentures are to be amortized cost effective interest method measured at amorised ...

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Understanding Financial Accounting

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>> On 1 January 2020, Vivek plc issued 50,000, 100 2 per cent debentures to investors...

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Understanding Financial Accounting

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