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CA Inter doubt

In JE 4th and 5th how it comes 78400 and 120000

Image attached to the doubt: In JE 4th and 5th how it comes 78400 and 120000

Asked by Sowmya8 Dec 2024468 views

1 answer

  1. Ashvath · 8 Dec 2024

    Here They have given the purchase of own debentures We'll generally record the debentures at the cost There dividing the total value by the number of debentures we'll get the cost per debenture and then we'll multiply it with the debentures further sold and cancelled to get the cost of the debenture further sold and the cost of debenture cancelled And by subtracting it from the proceeds in case of further sale and face value incase of cancelled, you'll get the profit

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