Question: Answer Fast and plz don't copy I really need help Give me a detailed Explanation. On 01-4-2017, Kevin Limited issued 6000, 11% debentures of $100

Answer Fast and plz don't copy I really need help Give me a detailed Explanation.

Answer Fast and plz don't copy I really need help Give me

On 01-4-2017, Kevin Limited issued 6000, 11% debentures of $100 each at Discount of 5%. All the debentures are to be redeemed after 6 years as on 31-03-2023 at a premium of 10%. Pass necessary journal entries in the books of Kevin Limited. (without narration)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Answer Fast and plz don't copy I really need help Give me a detailed Explanation The following balances are taken from the trial balance of Mike as on 31-03-2015. Debtors 2,00,000 Bad Debts 10,000...

only question 2.. plz help me.. im offering all my credits. i swear... Faculty of Business, Economics & Accounting Department of Accounting and Finance HELP Bachelor of Business (Hons) Year 3...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Need ONLY an answer to Part C, step 1, questions 1 and 3. Term Project Part A: Understanding Financial Statements Locate and use an annual report STEP 1: The Company Assigned to you Find the most...

Hi. I'm asked to take this class for graduation but I don't know how to do any of this. Please help me! I'm already devastated with the whole concept and Finance is new to me. Idk what I'm doing in...

Only Need a the answer for STEP 1 of "PART C" Need a sample answer doesn't have to be extremely detailed or anything. Term Project Part A: Understanding Financial Statements Locate and use an annual...

Question 1 , Question 2 and Question 5 part (ii) thanks alot Faculty of Business, Economics & Accounting Department of Accounting and Finance HELP Bachelor of Business (Hons) Year 3 INTERNAL SUBJECT...

Need the answer to Part C question only questions regarding the Step 2 - 7th question. Term Project Part A: Understanding Financial Statements Locate and use an annual report STEP 1: The Company...

Just need answer to part C question step 1, chart of accounts(1st question in step 1). Only need answer to that. Term Project Part A: Understanding Financial Statements Locate and use an annual...

Benicio Ramos, a Certified Fraud Examinator and Certified Internal Auditor, flew from New York to Florida, USA to attend an auditing and fraud conferences that lasted 6 days. He took 4 days of...

6) Why do markets fail in the provision of public goods? A. Individuals only take into account their personal benefit from the public good. B. Individuals who value the public good less will...

2. Which of the following costs should not be taken into consideration when making a decision? a. Opportunity costs. b. Sunk costs. c. Relevant costs. d. Differential costs.

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

Technology. Attend a career fair or visit your campus career center and gather information on jobs available in your field. Send an e-mail to your instructor listing five possible positions for which...

Comment on what is incorrect, incomplete, or inappropriate in the following rsum sections. Rewrite each section to make it stronger, adding material where appropriate. Follow the rsum guidelines that...

How do you address an application letter if you are replying to a classified ad that does not list a contact person? (Objective 1)