What is meant by ‘Premium on Redemption of Debentures’?
Premium on redemption of debentures is a personal account and it is a liability of the company which is payable on redemption.
When the debentures are redeemed at a price more than its face value or the par value, then it is said that the debentures are redeemed at premium. The difference between the redeemed price and the par value is regarded as a capital loss and this loss is written off till the redemption of the debentures. The Premium on Redemption of Debenture is shown on the Liabilities side of the Balance Sheet under the head of Current Liabilities and Provisions until debentures are redeemed.
What is ‘Capital Reserve’?
State the meaning of ‘Debentures issued as a collateral security’.
What is discount on issue of debentures?
Explain the different types of debentures?
What is meant by ‘Issue of debenture at discount and redeemable at premium?
Can the company purchase its own debentures?
Describe the steps for creating Sinking Fund for redemption of debentures.
Explain the guidelines of SEBI for creating Debenture Redemption Reserve.
What is a ‘Convertible Debenture’?
What do you mean by Ratio Analysis?
List the techniques of Financial Statement Analysis.
State the meaning of financial statement analysis?
What are various types of ratios?
Distinguish between Vertical and Horizontal Analysis of financial data.
What are limitations of financial statement analysis?
What relationships will be established to study?
(a) Inventory Turnover (b) Debtor Turnover
(c) Payables Turnover (d) Working Capital Turnover
State the meaning of Analysis and Interpretation.
List any three objectives of analysing financial statements?
The liquidity of a business firm is measured by its ability to satisfy itslong-
term obligations as they become due. What are the ratios used forthis purpose?
State the meaning of Analysis and Interpretation.
State the meaning of financial statement analysis?
List the techniques of Financial Statement Analysis.
Explain how common size statements are prepared giving an example.
Explain the process of preparing income statement and balance sheet.
The current ratio provides a better measure of overall liquidity only when a
firm’s inventory cannot easily be converted into cash. If inventory is liquid, the
quick ratio is a preferred measure of overall liquidity. Explain.
What are various types of ratios?
What are Comparative Financial Statements?
State the importance of financial statements to
(i) shareholders
(ii) creditors
(iii) government
(iv) investors
How will you disclose the following items in the Balance Sheet of a company;
(i) Loose tools
(ii) Uncalled liability on partly paid-up shares
(iii) Debentures redemption reserve
(iv) Mastheads and publishing titles (v) 10% debentures
(vi) Proposed dividend
(vii) Share forfeited account
(viii) Capital redemtion reserve
(ix) Mining rights
(x) Work-in-progress