Polarity

Polarity Chemistry – Polar and Non-Polar Molecules
Definition of Polarity

“A state or a condition of a molecule having positive and also negative charges, particularly in case of magnetic or electrical poles.
Polarity Chemistry - Polar and Non-Polar Molecules 1
All molecules have a permanent number of electrons which are arranged at certain energy levels called a shell. The electrons present in valance shell are involved in chemical bonding with other atoms. Atoms tend to get the nobel gas configuration to attain stability. So, we can conclude that chemical bonding is responsible for stability of atoms and form molecules. On the basis of participation of atoms and shifting of electrons, chemical bonds can be of different kinds like a metallic bond, covalent bond, ionic bonds etc. Ionic bonds have the electrostatic force of attraction between two oppositely charged ions. These ions are formed after shifting of electrons. When an atom receives an electron, it gets a negative charge and becomes an anion. In the same way, when an atom gives away an electron, it gets a positive charge and becomes a cation.

A cation and anion attract each other due to opposite charges and this electrostatic attraction force is known as an ionic bond. In the course of the formation of the ionic bond, electrons completely transfer to atoms, therefore, there are negative and positive charges on ions. Such types of bonds are established between metals and non-metals. Metals tend to release electron and form cation. On the other hand, non-metals tend to receive electrons and form anion. Unlike ionic bonds, covalent bonds are made by equal sharing of valence electrons of bonding atoms. In such type of bonds, the bonding atoms share an equal number of valence electrons with each other. These shared electrons are placed exactly at the core of chemical bonds, therefore, there is no charge on any of the bonding molecule.

Covalent bonds are typically found between two non-metals or elements with similar electronegativity. For instance, the chlorine molecule is formed by equal sharing of electrons (one electron from each chlorine atom) from bonding atoms. Every covalent bond is made by sharing of two electrons. If an atom needs more than one electron to get Stable configuration, it can share the same number of electrons to form covalent bonds.

It results in the development of multiple covalent bonds like two oxygen atoms are bonded with double covalent bonds by the distribution of two electrons from each oxygen atom. In the same way, two nitrogen atoms are bonded with a triple covalent bond to get a steady nitrogen molecule.

What is Polarity in Chemistry?

We know there are many physical properties of compounds like density, melting and boiling points, solubility, volume etc. One of the significant properties of molecules is polarity. The polarity of molecules disturbs other physical properties of the molecules. The polarity of a molecule depends on the type of chemical bonding in the molecule and also on the bonded atoms.
If there is a clear separation of charges, we assume that there is polarity in the molecule. Polarity can be with an ionic and covalent bond. Several of the molecules have polar chemical bonds but still non-polar in nature due to the equal arrangement of the chemical bonds. Polarity, in common, refers to the physical properties of compounds such as boiling point, melting points, and their solubility. The polarity of bonds mainly arises from the space between molecules and atoms with difference in electronegativities. Moving on, usually, the term Polarity is used in areas like magnetism, electricity, and signaling of electronic devices. Consider an electromotive force (EMF) or an electric potential, acting between two poles.. The pole having more electrons has a negative polarity whereas the other end has a positive polarity.

Discussing polarity in Chemistry, well it is mostly the separation of an electric charge which leads a molecule to have a positive and negative end. Consider the below illustration-

In an H-F bond, the fluorine atom is more electronegative than that of the Hydrogen atom. The electrons spend more time at the Fluorine atom. Therefore, this F atom marginally becomes negative whereas the Hydrogen atom tends to become slightly positive.
Polarity Chemistry - Polar and Non-Polar Molecules 2

Polarity of Molecules

The bond or the molecular polarities relies upon the electronegativity of the atoms or the molecules. A molecule is mostly said to be either a polar molecule, non- polar molecule or ionic molecule.

  • Polar Molecules: A polar molecule is typically formed when the one end of the molecule is said to have the high number of positive charges and whereas the opposite end of the molecule has negative charges, generating an electrical dipole.
  • When a molecule or atom is said to have a polar bond, then the center of the negative charge will be on one side, whereas the center of positive charge will be on the other side. The complete molecule will be a polar molecule.
  • Non- Polar Molecules: A molecule or atom which does not have any charges present at the end due to the reason that electrons are equally distributed and those which symmetrically cancel out each other are the non- polar molecules.
  • In a solution, a polar molecule cannot be mixed with the non-polar molecule. For example, take water and oil. In this, water is a polar molecule whereas oil act as a non-polar molecule. These two molecules do not form a solution as they cannot be mixed up together.

Polar and nonpolar molecules examples.

A molecule or atom may be polar or non-polar. A non-polar molecule has a configuration of its atoms lined up in a way that the orbital electrons are in the outer region canceling out the electronegativity.

  • In common, pyramid-shaped and V-shaped molecules are called polar. Whereas the Linear molecules are said to be non-polar.
  • Water is said to be a polar molecule due to the dissimilarity in the electronegativity between the oxygen atom and the hydrogen. Oxygen is an extremely electronegative atom when compared to hydrogen.
  • Fats, petrol, oil, gasoline are known to be non-polar molecules as they do not dissolve in water and nonpolar are insoluble in water.
  • Glucose is one more example of a polar molecule based on the configuration of the oxygen and hydrogen atoms in it.

Bond Polarity Example

Bond polarity signifies a separation of charge in a molecule. It can be calculated by the dipole moment of the chemical bond. If a chemical bond is formed between atoms with different electronegativities, the bonding electrons somewhat get shifted towards a more electronegative element. It induces slightly negative and positive charges over atoms. The polarity in bond gives the polarity to the molecule. For example; hydrogen chloride is a polar molecule because there is only one chemical bond that is polar in nature due to slightly negative and positive charges on bonding atoms.
Polarity Chemistry - Polar and Non-Polar Molecules 3
The polarity in the bond is characterized by an arrow pointing towards the more electronegative atom
Polarity Chemistry - Polar and Non-Polar Molecules 4
The total of polarity of all chemical bonds in a molecule gives the polarity of that molecule.

Factors on which the Polarity of Bonds Depends:

1) Relative Electronegativity of Participating Atoms or molecules.

Since the bond polarity involves dragging of electrons towards itself, so a more electronegative element will be able to attract the electrons more towards itself. As a result, the electrons will absolutely move towards the more electronegative element. The amount of their transfer will depend upon the relative electronegativity of the participating atoms.

2) The Spatial Arrangement of Various Bonds in the Atom or molecule.

The shared pair of electrons also experience dragging force from the other bonded and non-bonded pair of electrons. This results in different bond polarity among the same participating atoms that are present in other molecules. For e.g. Bond Polarity of O-H bond in an H2O molecule and acetic acid molecule is much different. This is due to the different spatial arrangement of many bonds in the molecule.

What are Factors Determine Whether or Not a Molecule Is Polar?

  1. If the molecule or atom is perfectly symmetric, the molecule will not be polar even if there are polar bonds present.
  2. Polar bonds are formed when one atom in the bond has a much tougher pull towards electrons than the other atom. The difference in strength can be expected by comparing electronegativity values. If one electronegativity value is greater, that atom will pull the electron closer and develop a partial negative charge, while the other atom develops a partial positive charge.

Solved Example for You

Problem 1: C, H, O, N and S have the electronegativity 2.5, 2.1, 3.5, 3.0 and 2.5 . Among the following bond which is most polar?
A) O – H B) S – H C) N – H D) C – H

Solution: A) The difference in the electronegativity between two or more atoms is more; the bond among them is more polar. For the given atoms, we can see that:

  • O – H = 3.5 – 2.1 = 1.4
  • S – H = 3.5 – 2.5 = 1
  • N – H = 3.0 – 2.1 = 0.9
  • C – H = 2.5 – 2.1 = 0.4.

Hence, the O-H bond is the most polar among the given bonds.

Shapes of Orbitals

Shapes of Orbitals of an Atom

What is orbital?

In chemistry, an orbital is a mathematical function which portrays the wave-like behavior of an electron pair, electron or nucleons in Quantum Mechanics and Chemistry. Orbitals are also referred to as electron or atomic orbitals.
Atomic orbitals are the three- dimensional regions of space around the nucleus of an atom. Atomic orbitals allow the atoms to make covalent bonds. s, p, d and f orbitals are the most commonly filled orbitals. As defined by the Pauli Exclusion Principle, only two electrons can be found in any orbital space.

All the electrons which have the same value for n i.e the principal quantum number will be in the same shell. When the electrons share the same n, l and m they are said to be in the same orbital i.e. they have the same energy level, and they differ only in spin quantum number.

Nodes:

Node is a region where the probability of finding the electron will be zero. The nodal plane is the plane that passes through the nucleus on which the probability of finding an electron is zero. In an orbital, the number of nodal planes is equal to the azimuthal quantum number.

There are two types of nodes, they are angular and radial nodes. Angular nodes will be typically flat at fixed angles. Radial nodes are spheres at a fixed radius which occurs as the principal quantum number increases.
Shapes of Orbitals 1
The total number of nodes of an orbital is the sum of angular and radial nodes and it is given in the terms of n and l quantum number and is given below:
N = n – l – 1

Types of Orbitals and their shapes:

Atomic Orbitals can be classified into many types like s, p, d, f, g, h etc. But only the first four of the mentioned orbitals will be occupied on the ground state of an atom. Following are the explanation for the orbitals and their shapes:

The total values permitted form for a given value of I gives the number of orbitals of a type within a subshell. The four types of atomic orbitals match up to the values of l= 0, 1, 2 and 3. The orbitals with the value l = 0 are the s orbitals and they are spherically symmetrical in shape. It is with the greatest probability of finding the electron occurring at the nucleus.

The orbitals with the value l= 1 are the p orbitals which contain a nodal plane including the nucleus hence forming a dumbbell shape.

The orbitals with l= 2 are the d orbitals which have complex shapes with at least two nodal surfaces. The orbitals with l= 3 are called the f orbitals that are more complex.

Since the average distance from the nucleus will determine the energy of an electron, each atomic orbital with a given set of quantum numbers will have particular energy associated with it, which is called as the orbital energy.

E = Z2/ n2 Rhc

The distribution of orbitals into their inner electronic core is called as the penetration of orbitals. Example: The 2s orbital’s radial density is spread into the curve of 1s orbital. Same way, 3s orbital will be spread into 1s orbital and 2s orbital. Due to the spreading of electrons in 2s or 3s orbitals, it will not be screened fully by the inner 1s electrons from the nucleus. From s
orbitals to f orbitals, the extent of penetration decreases.

s > p > d > f
Shapes of Orbitals 2

The above diagram denotes the penetration decrease from s to p orbitals as the radial distribution close to nucleus for s is more when compared to p orbitals.

An ion or atom with one or more electrons occupies the higher energy orbitals and it is said to be in an excited state, whereas an ion or atom in which one or more electrons occupy low energy orbitals is said to be in its ground state.

The shape of Orbitals:

A large number of orbitals occupy an atom. If an orbital is smaller in size means that there is more possibility of finding the electron near to the nucleus. Same way, for the shape there is more possibility for finding electron along certain directions rather than with the others.

The shape of 1s orbital:

The value of quantum numbers l and m are 0 for the s orbitals. The functions of Φ and Θ are independent of angles Φ and Θ for these values.
Shapes of Orbitals 3
Each of the above mentioned two functions is equal to a constant term and for such orbitals, the equation will be

Ψ2n, 0, 0 α R2n, 0

Angular function of s orbitals: ΘΦ = (1/4π)½

For s orbitals, l = 0, the angular wave function is independent and constant of the angles Φ and θ. A2 is the probability of finding an electron at a specified direction Φ and Θ from nucleus to infinity at any distance.

For s orbital, the probability of finding the electron is maximum at r= 0 and it decreases exponentially with a distance r. the plots of R and R^2 are spherically symmetrical around the nucleus, so these plots exist around the nucleus.
Shapes of Orbitals 4
The three- dimensional plots of ψ^2 Vs r is clear from the above diagram of the dot- population picture or boundary surface. In the above dot- population picture, the relative probability value at a given location is shown by the density dots near to it.

The dot population picture shows the actual description of the time average distribution of the electron. In the above diagram, the dot population picture R 2/ 1s Vs r is shown clearly.

In the equal probability contours, the contours can be drawn by joining the points of identical probability. For any of the s orbital, around the nucleus, these contours are spherically symmetrical.

The shape of 2s orbital:

For 2s orbital, it will be
Ψ 2/ 2, 0, 0 α R 2/ 2, 0
Shapes of Orbitals 5
The dot population picture for 2s orbital which is shown above.

For the given value of r, the function of R might have positive value, zero or even negative value. The probability plots will always be positive as the square of a negative quantity or positive quantity is always positive.

From the above diagram, it is clear that for 2s orbital, there will be 2 maxima in the R 2/ 2 Vs r plot. It will be one at r= 0 and the other one at nearly 2= 210 pm, between these two maxima the probability becomes zero at about r= 105 pm. this is called as the nodal point.

The size of the 2s orbital is larger than that of the 1s orbital. This is because the 2s orbital size resides farther away from the nucleus when compared to that of the 1s orbital.

The shape of p orbital:

Shapes of Orbitals 6
Here, the quantum number m fixes the angular momentum direction. The quantum number also fixes the direction of the orbital in the space.

Example: There are three orbitals of p orbitals (I= 1)

These values correspond to the three values of m(+1, 0, -1). The P0, P+1 + P-1 and P+1 – P-1 plots indicates the dumb-bell shaped orbitals. These are also perpendicular to each other pointing towards the x, y, and z-axis. For this reason, they are called as px, py, pz orbitals.

The shape of 2p orbitals:

I= 1 for the p orbitals and there will be three orbitals for this type. These orbitals will correspond to three different values which are =1, 0, -1 of the magnetic quantum number called m.

Ψ^2 2, 1, 0 = R 2/ 2 θ^2 1, 0 Φ 2/ 0

Ψ^2 /2, 1+ 1 = R 2/ 2, 1 θ^2/ 1, 1 Φ 2/ 1

Ψ^2 /2, 1, -1 = R 2/ 2, 1 θ^2/ 1, 1 Φ 2/ -1

For all the three 2p orbitals, the R2, 1 Vs r and R2/ 2 Vs r plots are same. This because the function of R depends only on the quantum numbers I and n.
Shapes of Orbitals 7
Unlike the 2s orbital, the 2p orbital the probability will be minimum at the nucleus and it has a maximum value of r= 104 pm. thereby, with the distance it decreases exponentially. The 2p orbitals will have directional characteristics which are due to the angular functions Φ and ʘ.
Shapes of Orbitals 8

The shape of d orbital:

Shapes of Orbitals 9
There are five d orbitals which are selected as “dx y, d y z, dx z”, dx^2-y^2, dz^2. The energy of the d orbitals are equivalent but the shape of dz^2 orbitals is different from the other ones.

The shape of 3d orbitals:

The value of I= 2 for d orbitals and for I= 2 the five values of m are permissible. The values for the d type orbitals are +2, +1, 0, -1 and -2.
Shapes of Orbitals 10
It is necessary to have the knowledge of the 3 d orbitals as it will be helpful in discussing the chemistry of many elements.the 3d orbitals can be classified into 2 categories. They are as follows:

1. Orbitals that has maximum probability distribution along with the 3dz^2 and 3d x^2-y^2 axes and

2. Orbitals that has a maximum probability distribution in between the two axes 3dxy, 3dyz and 3dxz.

f orbital:

An f orbital has the secondary quantum number l = 3. There are seven f orbitals with ml = -3, -2, -1, 0, +1, +2, +3 and these orbitals are not occupied in the ground state until element 58 (cerium). [Xe] 6s²4f5d is the electronic configuration for cerium.

The f orbitals are deeply buried beneath the valence shell even for the elements beyond cerium. f orbitals have three nodal planes and it has complex shapes with the atomic nucleus at the center.
Shapes of Orbitals 11
The 4y3-3x2y orbital match up to l = 3, ml = -3, and n = 4.
Shapes of Orbitals 12
The 4fxyz orbital match up to l = 3, ml = -2, and n = 4.
Shapes of Orbitals 13
The 4f5yz2-yr2 orbital match up to l = 3, ml = -1, and n = 4.
Shapes of Orbitals 14
The 4f5z3-3zr2 orbital match up to l = 3, ml = 0, and n = 4.
Shapes of Orbitals 15
The 4f5xz2-xr2 orbital match up to l = 3, ml = +1, and n = 4.
Shapes of Orbitals 16
The 4fzx3-xy2 orbital match up to l = 3, ml = +2, and n = 4.
Shapes of Orbitals 17
The 4fx3-3xy2 orbital match up to l = 3, ml = +3, and n = 4.

Uses of Propanol

Uses of Propanol – Manufacturing and Uses

Propanol is a primary alcohol which is listed third among the first four aliphatic alcohols. It is also known as propan-1-ol, 1-propyl alcohol, n-propyl alcohol, and n-propanol. It is also sometimes referred to as PrOH or n-PrOH. Propanol is a colourless liquid that is fully miscible in water and is highly miscible with all common solvents such as glycols, ketones, alcohols, aldehydes, ethers and aliphatic hydrocarbons.

The molecular formula of propanol is CH3CH2CH2OH or CH3(CH2)2OH or simply C3H8OH. Its molecular weight is 60.069 g/mol. Gustave C. B. Chancel was the first to discover propanol who obtained it in 1853 by fractional distillation of fusel oil, a by-product formed when certain amino acids when potatoes or grains are fermented to produce ethanol. Propanol is formed naturally as by-product during many chemical fermentation processes similar to the distillation of fusel oil, and these are not significant sources of propanol.
Uses of Propanol 1
Propanol is a clear low-viscosity, neutral and colourless liquid with a sharp musty odour like rubbing alcohol. Its freezing point is -126 °C, while flash point is 22 °C. Autoignition temperature is 371 °C. Vapours of this liquid are heavier than air and mildly irritates the eyes, nose, and throat upon contact. Density is approximately 6.5 lb / gal. It has an isomer, that is a compound with same formula but a different arrangement of atoms and different properties. The isomer of propanol is isopropanol or 2-propanol, with a molecular formula of CH3CHOH CH3, the same atoms found in propanol with a different arrangement.

Manufacture and Storage:

1-Propanol is manufactured by catalytic hydrogenation of propionaldehyde. The propionaldehyde is usually produced via the oxo process or hydroformylation, of ethylene using carbon monoxide and hydrogen in the presence of a catalyst such as rhodium complex or cobalt octa carbonyl.

H2C=CH2 + CO + H2 → CH3CH2CH=O

CH3CH2CH=O + H2 → CH3CH2CH2OH

A traditional laboratory preparation of propanol involves treating n-propyl iodide with moist silver oxide.

Propanol should be stored under nitrogen; the storage temperature must not exceed 40 °C and there should be no moisture. Under such ideal conditions, a storage stability or shelf-life of 12 to 14 months can be expected.

Propanol is stored in bulk petrochemical facilities to regulate this product. Storage is normally in a dry, cool, well ventilated facilities away from oxidising agents, direct sunlight, heat and open flames.

Solvents such as propanol is stored in drummed containers such as iso-tanks made of aluminium, stainless steel and carbon steel.

Uses of propanol:

Propanol has a diverse range of uses due to its
miscibility, high flammability and its effects on the human body.

Some of the more prominent uses are

  • As a Solvent
  • Medical Use
  • Cosmetics
  • Fuel

As solvent / intermediate:

Propanol is used as solvent and an intermediate product. Propanol has a milder and more pleasant smell than higher alcohols and tends to absorb less water than lower alcohols.

As a solvent, propanol is employed mainly in printing inks, especially flexographic ink. In cleaning agent sector, it is added to floor polishes and metal degreasing agents. In adhesive manufacture, propanol serves as additional solvent.

Propanol is used in the coating industries as a semi-volatile alcohol for improving the drying properties, for example in the manufacture of alkyd resin paints, baking finishes and electrodeposition paints.

Propanol is also used as deicing fluids, as an extracting agent and as an entrainer in azeotropic distillations. Propanol quite easily forms esters and ethers, most of which are have high commercial value.

Most commonly propanol is itself used as a solvent or it is used to produce other solvents such as antifreezes, lacquer formulations, soaps, dye solutions, window cleaning agent and such other materials. Propanol acts as a chemical intermediate in the process of creating halides, propyl amines and propyl acetate and many other such chemicals. It is also used in manufacture of de-greasing fluids, adhesives and window cleaning agents.

Medical Use:

Propanol also has uses in a number of medicines. Bottles of rubbing alcohol are mostly made up of propanol. It is also used as an antiseptic. Propanol is found in hand sanitizers whether it is in the form of solutions or wipes. Further, propanol is often used in inhalant products in the place of ethanol mostly in nebulizers.

n-Propyl alcohol can produce mild central nervous system depression and is thus used as pain relief medication.

A research in Chem Pharm Bull, Tokyo in 1980 showed that the activity of partially purified human erythrocyte acid phosphatase (eapase) is enhanced 3-fold by propanol. The extent of human prostatic acid phosphatase (papase) activation by n-propanol was lower than that of eapase.

Propanol Tablet is used for treatment, control, prevention, & improvement of Supraventricular arrhythmias, Ventricular tachycardias, Tachyarrhythmias of digitalis intoxication, Resistant tachyarrhythmias due to excessive catecholamine action during anaesthesia and other conditions.

Alcoholic beverages nearly always contain propanol as a product of fermentation. Beer contains up to 195 mg/l, wine up to 116 mg/l, various types of spirits up to 3520 mg/l, and neat ethanol up to 2910 mg/l. Propanol is present at low levels as a flavour volatile in a variety of foodstuffs and non-alcoholic drinks, for example kefir culture, cream culture, filberts
(roasted), raw milk, heat-treated milk, Kumazasa Sasa albomarginata, heated triolein, boiled buckwheat flour, tomato (ripe, juice, puree, and paste), Kogyoku apple, apple and apple juice, white bread, butter, cheddar/Swiss cheese, soy sauce, fish sauce, Amaranthus species used for feeding domesticated animals, Manila bean (raw/roasted), soybean (raw, roasted), potato tuber, roasted watermelon seeds, babco fruit, tilsit cheese, endive, Valancia orange juice. Propanol was identified in fermentation brine of pimentos used for stuffing olives. Propanol is found in over found in 31 commercial brines.

Propanol is also used in the production of herbicides and insecticides.

Cosmetics:

Propanol is often the main constituents in many different kinds cosmetics. An acetate is used as a remover for acrylic nails and fingernail polish due to its mild corrosive properties. It is used in soaps and hair care products. It is also used in aerosol perfumes, hand sanitizers and moisturizer

Fuels:

Propanol is a highly flammable liquid and it has a fire hazard rating of 2. Propanol has high octane numbers and it is suitable for fuel usage in internal combustion engines. However, the production of propanol is too expensive to make it a common fuel, hence this purpose is not commonly used. The anti-knock index (AKI) is found to be 108 while the research octane number (RON) of propanol is 118 when propane is used a fuel.

While the main use of propanol is acting as a solvent, other applications and uses of propanol are growing significantly in different parts around the world. Also, propanol is a relatively safer chemical to use than other synthetic alcohol solutions.

Homogeneous Mixture and Heterogeneous Mixture

Homogeneous Mixture vs Heterogeneous Mixture – Types of Solutions

An unadulterated substance can be a component, or an intensify that are artificially homogenous in creation and can’t be isolated by any physical methods. A few instances of an unadulterated substance would be Iron Metal (Fe), Salt (NaCl) and so forth.

Homogeneous Mixture vs Heterogeneous Mixture 1

Most characteristic substances, and pretty much anything one could consider, is doubtlessly a blend. Air, water, soil, milk. Obviously, there are distinctive sorts of blends, yet comprehensively one could characterize every one of the things found normally in presence as a blend.

Things being what they are, what is a blend?

A blend is essentially a mix of at least two substances that are not synthetically joined together and don’t exist in settled extents to one another. A blend can be part into unadulterated substances – mixes or components.

A blend may have diverse physical properties; for instance, a blend of water and liquor bubbles over a scope of temperatures relying upon a great deal of elements.

MIXTURES

A blend can be physically isolated into unadulterated mixes or elements.

Most normally happening substances are blends. Indeed, even the most flawless of materials still contain different mixes as impurities.

Blends may display a changing arrangement of physical properties.

For instance, blend of liquor and water bubbles over a scope of temperatures.

PURE COMPOUNDS

An unadulterated compound has a steady piece with settled proportions of components.

Although it is physically difficult to disconnect unadulterated substances, a substance is said to be unadulterated if no contamination’s can be identified utilizing the best accessible scientific systems.

Physical properties, for example, breaking point or dissolving purpose of unadulterated substances are invariant.

For instance, unadulterated water bubbles at 100 degrees Celsius

Sorts of Mixtures

In science, blends are once in a while called homogeneous or heterogeneous. The contrast between them is the degree to which, and how consistently, their distinctive parts are combined.

For instance, on the off chance that you have container of nails and fastens front of you, you can see plainly that it is comprised of various parts, yet take a gander at a jug of milk, and all you see is a white fluid.

Homogenous Mixtures

Homogeneous blends have a similar uniform appearance and structure all through. These comprise of particles as little as iota’s or atoms; as such, too little to possibly be obvious. It’s difficult to choose parts of a homogeneous blend. For instance, a sugar arrangement or a blend of water and liquor are homogeneous in light of the fact that just vapid fluids can be seen.

Homogeneous blends just have one stage: gas, fluid or strong. Different homogenous blends are air, water and vodka.

Heterogeneous Mixtures

Heterogeneous blends are comprised of noticeably extraordinary substances or stages. A suspension is a kind of heterogeneous blend with huge particles, obvious.

For instance, a blend of sand and water is a suspension since you can see the sand particles in the water. In like manner, plate of mixed greens dressing made of oil and vinegar is a suspension since you can see two fluid layers. Different heterogeneous blends are mists in air, oat in milk, blood, nourishment, sand among others.

As a rule, it is conceivable to physically isolate parts of a heterogeneous blend, however not a homogeneous blend. For instance, you can expel oat from milk and pasta from sauce. On the off chance that you are uncertain about whether a blend is homogeneous or heterogeneous, consider its example estimate. Some heterogeneous blends can seem homogeneous from a separation, for example, sand on a shoreline. On the off chance that the creation of a blend seems uniform regardless of where you test it, is homogeneous; sand on a shoreline is heterogeneous in light of the fact that when you take a gander at it up intently, you can distinguish diverse kinds of particles, for example, sand, shells and natural issue.

HOMOGENEOUS MIXTURES

  • The prefixes “homo”- demonstrate sameness. A homogeneous blend has a similar uniform appearance and structure all through. Numerous homogeneous blends are generally alluded to as solutions.Molecule estimate recognizes homogeneous arrangements from different heterogeneous blends.
  • Arrangements have particles which are the span of iotas or atoms – too little to even think about being seen.Corn oil is homogeneous, White vinegar is homogeneous. A sugar arrangement is homogeneous since just a boring fluid is watched. Air without any mists is homogeneous.
  • The prefixes: “hetero”- shows distinction.
    A heterogeneous blend comprises of unmistakably extraordinary substances or stages. The three stages or conditions of issue are gas, fluid, and strong.
  • Realistic on the left of “Moving Raisins” indicates fluid, strong, and gas substances in a heterogeneous blend.
  • In differentiate a suspension is a heterogeneous blend of bigger particles. These particles are obvious and will settle out on standing. Instances of suspensions are fine sand or sediment in water or tomato juice.
  • For precedent, shoreline sand is heterogeneous since you can see diverse shaded particles. Oil and water are heterogeneous as two fluid layers are available, just as solids. Air with mists is heterogeneous, as the mists contain small beads of fluid water.

A colloid is a homogeneous arrangement with moderate molecule measure between an answer and a suspension. Colloid particles might be found in a light emission, for example, dust in air in a beam of daylight. Milk, mist, and jam are instances of colloids.

An answer is a blend of at least two substances in a solitary stage. No less than two substances must be blended so as to have an answer. The substance in the littlest sum and the one that breaks up or scatters is known as the Solute. The substance in the bigger sum is known as the Solvent. In most basic occurrences water is the dissolvable. The gases, fluids, or solids broke down in water are the solutes.

In the realistic, the blue jug is a homogeneous arrangement blend of water, KOH, glucose, oxygen gas broke down, and methylene blue – a marker.

Since arrangements are blends, their creations may fluctuate over a wide range. The fixations might be communicated utilizing an assortment of measures. The non-explicit terms focused and weaken are once in a while utilized. A concentrated arrangement has a generally extensive (however non-explicit) measure of solute broke up in a dissolvable. A weaken arrangement has a littler amount of solute broke down.

Types of Solutions

Solute  Solvent  Examples
Less than 50% More than 50%
liquid liquid alcohol – water
solid liquid salt – water
gas liquid oxygen – water
gas gas air = oxygen – nitrogen
gas solid hydrogen – platinum
liquid gas water in air
solid gas smog
liquid solid mercury – another metal
solid solid alloy

Division of Mixtures

Division of heterogenous blends is to a great extent physical and is very tedious. We make utilization of various properties of the material to proceed with their partitions.

For a compound response to be described further it is important to detach the parts from different materials. Different examinations like bio compound frameworks, natural investigation and pharmaceutical research requires solid detachment strategies.

Here are a few basic division methods:

Chromatography

Chromatography is a technique for isolating a blend by passing it in arrangement or as gasy) through a medium in which the parts move at various rates. Slim layer chromatography is a unique sort of chromatography utilized for isolating and distinguishing blends that are or can be shaded, particularly colours.

Distillation

Homogeneous Mixture vs Heterogeneous Mixture 2

Distillation is a technique to isolate blends included at least two unadulterated fluids or an answer. Distillation is a procedure of decontamination where the fluid blend is vaporized, dense and disconnected. In straight forward refining, a blend is warmed, and the most unstable segment vaporizes in any event temperature. The vapour goes through a cooled cylinder (a condenser), where it consolidates once more into its fluid state. The condensate that is gathered is called distillate.

In the Figure above, we see a few essential bits of hardware. There is a warmth source, a test tube with a one-gap plug joined to a glass elbow and elastic tubing. The elastic tubing is put into a gathering tube which is submerged in virus water. There are other progressively confused gatherings for distillation that can likewise be utilized, particularly to isolate blends, which are included unadulterated fluids with breaking points that are near each other.

Evaporation

Evaporation is a procedure used to isolate out homogenous blends where there is at least one broken up solids. This strategy drives off the fluid segments from the strong parts. The procedure commonly includes warming the blend until not any more fluid stays, prior to utilizing this strategy; the blend should just contain one fluid part, except if it isn’t essential to disengage the fluid segments. This is on the grounds that every fluid part will dissipate after some time. This strategy is appropriate to isolate a solvent strong from a fluid.

In numerous parts of the world, table salt is gotten from the evaporation of ocean water. The warmth for the procedure originates from the sun.

When the ocean water in these vanishing lakes has dissipated, the salt can be gathered.

Filtration

Filtration is a partition strategy used to isolate out unadulterated substances in blends involved particles some of which are sufficiently huge in size to be caught with a permeable material. Molecule size can change impressively, given the sort of blend. For example, stream water is a blend that contains normally happening natural life forms like microscopic organisms, infections, and protozoan’s. Some water channels can sift through microscopic organisms, the length of which is on the request of 1 micron. Different blends, similar to soil, have moderately huge molecule sizes, which can be separated through something like an espresso channel.

Fractional Distillation

Fractional distillation is utilized for the partition of a blend of at least two miscible fluids for which the distinction in breaking points is under 25K. The device for partial refining resembles that of straight forward refining; then again, actually a fractionating section is fitted in the middle of the refining cup and the condenser.

A basic fractionating segment is a cylinder pressed with glass dots. The globules give surface to the vapours to cool and gather over and over. At the point when vapours of a blend are gone through the fractionating segment, in light of the rehashed build-up and dissipation, the vapours of the fluid with the lower breaking point first go out of the fractionating segment, gather and are gathered in the collector flagon. The other fluid, with a somewhat higher breaking point, can be gathered in comparable style in another receiver vessel.

Centrifugation

Once in a while the strong particles in a fluid are exceptionally little and can go through a channel paper. For such particles, the filtration procedure can’t be utilized for partition. Such blends are isolated by centrifugation. In this way, centrifugation is the procedure of partition of insoluble materials from a fluid where ordinary filtration does not function admirably. The centrifugation depends on the size, shape, and thickness of the particles, consistency of the medium, and the speed of pivot. The standard is that the denser particles are compelled to the base and the lighter particles remain at the best when spun quickly.

The device utilized for centrifugation is known as a rotator. The axis comprises of a rotator tube holder called rotor. The rotor holds adjusted diffusive containers of equivalent measures of the strong fluid blend. On quick pivot of the rotor, the rotator tubes turn on a level plane and because of the divergent power, the denser insoluble particles separate from the fluid. At the point when the revolution stops, the strong particles end up at the base of the rotator tube with fluid at the best.

TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures

TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures – Here are all the TS Grewal solutions for Class 12 Accountancy Chapter 10. This solution contains questions, answers, images, explanations of the complete Chapter 10 titled Redemption of Debentures of Accountancy taught in Class 12. If you are a student of Class 12 who is using TS Grewal Textbook to study Accountancy, then you must come across Chapter 10 Redemption of Debentures. After you have studied lesson, you must be looking for answers of its questions. Here you can get complete TS Grewal Solutions for Class 12 Accountancy Chapter 10 Redemption of Debentures in one place.

TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures

Question 1.
A public limited company is a manufacturer of chemical fertilisers. Its annual turnover is ₹ 50 crores. The company had issued 5,000, 12% Debentures of ₹ 500 each at par. Calculate the amount of Debentures Redemption Reserve which needs to be created to meet the requirements of law.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 1

Question 2.
Z Ltd. had issued following debentures:
(a) 1,00,000, 10% fully convertible debentures of ₹ 100 each on 1st April, 2016 redeemable by conversion after 5 years.
(b) 20,000, 10% Debentures of ₹ 100 each redeemable after 4 years, 25% Debentures in Cash and 75% by conversion.
State the amount of DRR required to be created as per the Companies Act,2013.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 2

Question 3.
Dow Ltd. issued ₹ 2,00,000; 8% Debentures of ₹ 10 each at a premium of 8% on 30th June, 2016 redeemable on 31st March, 2018. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures?
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 3

Question 4.
Nirbhai Chemicals Ltd.issued ₹ 10,00,000; 6% Debentures of ₹ 50 each at a premium of 8% on 30th June, 2017 redeemable on 30th June, 2018. The issue was fully subscribed. Pass journal entries for issue and redemption of debentures. How much amount should be transferred to Debentures Redemption Reserve before redemption of debentures? Also, state how much amount should be invested in specified securities ?
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 4
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 5
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 6

Question 5.
Export-Import Bank of India (EXIM Bank) issued 20,000, 10% Debentures of ₹ 100 each through public issue and 10,000, 10% Debentures of ₹ 100 each through private placement. State the amount of investment to be made by EXIM Bank before redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 7

Question 6.
SRCC Ltd. has issued on 1st April, 2016, 20,000, 12% Debentures of ₹ 100 each redeemable by draw of lots as under:
During the year ended on 31st March, 2017 – 15 %
During the year ended on 31st March, 2018 – 25 %
During the year ended on 31st March, 2019 – 15 %
During the year ended on 31st March, 2020 – 25 %
During the year ended on 31st March, 2021 – 20 %
How much minimum investment or deposit should be made by SRCC Ltd. as per Companies Act, 2013 before redemption of debentures? When should it be made ?
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 8

Question 7.
IFCI Ltd.(An All India Financial Institution) issued 10,00,000; 9% Debentures of SRCC Ltd. ₹ 50 each on 1st April, 2011 redeemable on 1st April, 2017. How much amount of Debentures Redemption Reserve is required before the redemption of debentures ? Also,pass journal entries for issue and redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 9
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 10

Question 8.
On 31st March, 2003, G Ltd. had ₹ 8,00,000; 9% Debentures due for redemption. The company had a balance of ₹ 1,40,000 in its Debentures Redemption Reserve. Pass necessary journal entries for redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 11
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 12

Question 9.
On 31st March, 2016, W Ltd. had the following balances in its books:
9% Debentures – ₹ 6,00,000
Debentures Redemption Reserve – ₹ 50,000
Surplus, i.e. Balance in Statement of Profit and Loss – ₹ 3,00,000
On that date, the company decided to transfer ₹ 1,00,000 to Debentures Redemption Reserve. It also decided to redeem debentures of ₹ 3,00,000 on 30th June, 2016.
Pass necessary journal entries in the books of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 13
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 14

Question 10.
A Ltd. has credit balance of ₹ 1,26,000 in Surplus, i.e., Balance in Statement of Profit and Loss. Instead of declaring dividend it is resolved to utilize the profits to redeem its ₹ 1,20,000 Debentures redeemable at a premium of 5%.
Pass necessary journal entries in the books of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 15

Question 11.
Mansi Ltd. had 6,000; 10% Debentures of ₹ 100 each due for redemption on 31st March, 2017. Assuming that the debentures were redeemed out of profits, pass necessary journal entries for the redemption of debentures. There was a credit balance of ₹ 6,00,000 in Surplus, i.e, Balance in Statement of Profit and Loss.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 16
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 17

Question 12.
India Textiles Corporation Ltd. has outstanding ₹ 50,00,000; 9% Debentures of ₹ 100 each due for redemption on 31st July, 2017. Pass journal entries for redemption assuming that there is a balance of ₹ 3,00,000 in Debentures Redemption Reserve on the date of redemption.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 18
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 19

Question 13.
Manish Ltd.issued ₹ 40,00,000; 8% Debentures of ₹ 100 each on 1st April, 2016. The terms of issue stated that the debentures are to be redeemed at a premium of 5% on 30th June, 2018. The company decided to transfer ₹ 10,00,000 out of profits to Debentures Redemption Reserve on 31st March, 2017 and ₹ 10,00,000 on 31st March, 2018.
Pass journal entries regarding the issue and redemption of debentures, DRR and investment without providing for the interest or loss on issue of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 20
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 21
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 22

Question 14.
Godrej Ltd. has 20,000; 7% Debentures of ₹ 100 each due for redemption on 31st August, 2017. There is a balance of ₹ 3,50,000 in Debentures Redemption Reserve Account as on 31st March,2015. Investment, as required by the Companies Act, 2013 is made on 1st April, 2016 in fixed deposit bearing interest @ 6 % p.a. Bank deducted TDS @ 10 % on its maturity which is 31st March, 2017.
Pass journal entries for redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 23
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 24

Question 15.
Apollo Ltd. issued 21,000; 8% Debentures of ₹ 100 each on 1st April, 2011 redeemable at a premium of 8% on 30th June, 2017. The company decided to transfer the required amount to Debentures Redemption Reserve in three equal annual installments starting with 31st March, 2015. Required investment was made in Government Securities on 30th April, 2017. Ignore interest on debentures and also investment.
Pass necessary journal entries regarding issue transfer to DRR, investment, and redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 25
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 26
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 27

Question 16.
JB Ltd. issued ₹ 10,00,000; 6% Debentures at a premium of 4% redeemable at a premium of 5% after four years. The debentures were issued on 1st April,2014. Pass journal entries at the time of issue and redemption of debentures assuming that all legal requirements were complied.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 28
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 29
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 30

Question 17.
On 1st April, 2014, following were the balances of Blue Bird Ltd.
10% Debentures (redeemable on 30th September, 2017) – ₹ 15,00,000
Debentures Redemption Reserve – ₹ 2,00,000
The company met the requirements of the Companies Act, 2013 regarding Debentures Redemption Reserve and Investment and redeemed the debentures.
Pass necessary journal entries for the above transactions in the books of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 61
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 32
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 33

Question 18.
Mahima Ltd.issued ₹ 38,00,000, 9% Debentures of ₹ 100 each on 1st April, 2013. The debentures were redeemable at a premium of 5% on 30th June, 2015. The company transferred an amount of ₹ 9,50,000 to Debentures Redemption Reserve on 31st March, 2015. Investments as required by law were made in fixed deposit of a bank on 1st April, 2015.
Ignoring interest on fixed deposit, pass necessary journal entries starting from 31st March, 2015 regarding redemption of debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 34

Question 19.
On 1st April, 2013 the following balances appeared in the books of Blue and Green Ltd.:
12 % Debentures (Redeemable on 31st August, 2015) – ₹ 20,00,000
Debentures Redemption Reserve – ₹ 2,00,000.
The company met the requirements of Companies Act, 2013 regarding Debentures Redemption Reserve and Debentures Redemption Investments and redeemed the debentures.
Ignoring interest on investments, pass necessary journal entries for the above transactions in the books of company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 35

Question 20.
Rich sugar Ltd. issued ₹ 20 Lakh, 8% Debentures divided into debentures of ₹ 100 each on 1st April, 2013, redeemable in four equal annual installments starting from 31st March, 2016. The company decided to transfer to Debentures Redemption Reserve ₹ 2,50,000 each year on 31st March, 2014 and 2015.
The company invested ₹ 3,00,000 in Government securities as required by the Companies Act, 2013.
Pass necessary journal entries for the above transactions.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 36
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 37
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 38
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 39

Question 21.
Hp Ltd. has 1,00,000; 8% Debentures of ₹ 50 each due for redemption in five equal annual installments starting from 30th June, 2015. Debentures Redemption Reserve has a balnce of ₹ 5,00,000 on that date. Pass journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 40
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 41
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 42
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TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 45

Question 22.
Venus Ltd. had 9,000, 9% Debentures of ₹ 100 each due for redemption. These debentures are to be redeemed in 3 equal installments (starting from 31st March,2015) at a premium of 10%. The company had a balance of ₹ 25,000 in the Debentures Redemption Reserve.
Pass necessary entries for redemption of debentures assuming that company transfer the balance of DRR to General Reserve after redeeming all the debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 46
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 47
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 48

Question 23.
Shakti Enterprises Ltd. issued 30,000; 8% Debentures of ₹ 100 each on 1st October, 2014 redeemable in five equal annual installments starting with 31st March, 2018. The Board decides to transfer to Debentures Redemption Reserve ₹ 50,000 and ₹ 4,00,000 on 31st March 2015 and 2016 respectively and balance required to be transferred to Debentures Redemption Reserve on 31st March, 2017. Pass journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 49
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 50
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 51
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 52
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 53
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 54

Question 24.
Tata Motors Ltd. issued 40,000; 7% Debentures of ₹ 100 each on 1st July, 2009 redeemable at premium of 5% as under:
On 31st March, 2015 – 16,000 Debentures
On 31st March, 2016 – 16,000 Debentures
On 31st March, 2017 – 8,000 Debentures
It was decided to transfer amount out of profit to Debentures Redemption Reserve ₹ 2,00,000 on 31st March, 2012; ₹ 4,00,000 on 31st March, 2013 and balance on 31st March, 2014. It invested the required amount in terms of the Companies Act, 2013 in Government Securities and decided to realise them after last redemption. Paas journal entries ignoring interest.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 55
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 56
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 57
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 58

Question 25.
Ananya Ltd. had an authorised capital of ₹ 10,00,00,000 divided into 10,00,000 equity shares of ₹ 100 each. The company had already issued 2,00,000 shares. The dividend paid per share for the year ended 31st March,2007 was ₹ 30. The management decided to export its products to African countries. To meet the requirements of additional funds, the finance manager put up the following three alternate proposals before the Board of Directors:
(a) Issue 47, 500 equity shares at a premium of ₹ 100 per share.
(b) Obtain a long-term loan from bank which was available at 12% per annum.
(c) Issue 9% Debentures at a discount of 5%.
After evaluating these alternatives, the company decided to issue 1,00,000, 9% Debentures on 1st April, 2008. The face value of each debentures was ₹ 100. These debentures were redeemable in four installments starting from the end of third year, which were as follows:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 59
Prepare 9% Debenture Account form 1st April, 2008 till all the debentures were redeemed.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 10 Redemption of Debentures - 60

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TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures

TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures – Here are all the TS Grewal solutions for Class 12 Accountancy Chapter 9. This solution contains questions, answers, images, explanations of the complete Chapter 9 titled Issue of Debentures of Accountancy taught in Class 12. If you are a student of Class 12 who is using TS Grewal Textbook to study Accountancy, then you must come across Chapter 9 Issue of Debentures. After you have studied lesson, you must be looking for answers of its questions. Here you can get complete TS Grewal Solutions for Class 12 Accountancy Chapter 9 Issue of Debentures in one place.

TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures

Question 1.
Vishwas Ltd. issued 2,000; 9% Debentures of ₹ 100 each payable as follows:
₹ 25 on application; ₹ 25 on allotment and ₹ 50 on first and final call.
Applications were received for all the debentures along with the application money did allotment was made. Call money was also received on the due date.
Pass necessary Journal entries in the books of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures - 1

Question 2.
A Ltd. issued 2,000; 9% Debentures of ₹ 100 each on the following terms:
₹ 20 on applications ; ₹ 20 on allotment ; ₹ 30 on first call ; ₹ 30 on final call.
The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full. Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass necessary Journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures - 2
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TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 5

Question 3.
ABC Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application. Applications were received for 60,000 debentures. Debentures were allotted and excess application money was refunded. Pass Journal entries in the books of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 6

Question 4.
Narain Laxmi Ltd. invited applications for issuing 7,500; 12% Debentures of ₹ 100 each at a premium of ₹ 35 per debenture. The full amount was payable on application. Applications were received for 10,000 Debentures. Allotment was made to all the applications on pro rata.
Pass necessary Journal entries for the above transactions in the books of Narain Laxmi Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 7

Question 5.
Raj Ltd. issued 5,000; 8% Debentures of ₹ 100 each at a premium of 5% payable as follows:
₹ 10 on application; ₹ 20 along with premium on allotment and balance on first and final call.
Pass necessary Journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 8

Question 6.
Nipa Limited issued ₹ 10,00,000 Debentures of ₹ 100 each at a premium of 10%, payable 25% on application (including premium) and the balance on allotment. The debentures were applied for and the amount was dully received.
You are required to give Journal entries and prepare Cash Book.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 9
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 10.

Question 7.
Alok Ltd. issued 7,000, 10% Debentures of ₹ 500 each at a premium of ₹ 50 per debenture redeemable at a premium of 10% after 5 years. According to the terms of issue, ₹ 200 was payable on application and balance on allotment.
Record necessary Journal entries at the time of issue of 10% Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 11

Question 8.
Vijay Laxmi Ltd. invited applications for 10,000; 12% Debentures of ₹ 100 each at a premium of ₹ 70 per debenture. The full amount was payable on application.
Applications were received for 13,500 debentures. Applications for 3,500 debentures were rejected and application money was refunded. Debentures were allotted to the remaining applications.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 12

Question 9.
Iron Products Ltd. issued 5,000; 9% Debentures of ₹ 100 each at a premium of ₹ 40 payable as follows:
(i) ₹ 40, including premium of ₹ 10 on applications;
(ii) ₹ 45, including premium of ₹ 15 on allotment and
(iii) Balance as first and final call.
The issue was subscribed and allotment made. Calls were made and due amount was received.
Pass Journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 92

Question 10.
X Ltd. issued 12,000; 8% Debentures of ₹ 100 each at a discount of 5% payable as 25% on application; 20% on allotment and balance after three months. Pass Journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 15
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 16

Question 11.
Alka Ltd. issued 5,000, 10% Debentures of ₹ 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue ₹ 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 17

Question 12.
Amrit Ltd. was promoted by Amrit and Bhaskar with an authorised capital of ​₹ 10,00,000 divide into 1,00,000 shares of ₹ 10 each.
The company decided to issue 1,000, 6% Debentures of ₹ 100 each to Amrit and Bhaskar each for their services in incorporating the company. Pass journal entry.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 18

Question 13.
A limited company bought a Building for ₹ 9,00,000 and the consideration was paid by issuing 10% Debentures of the normal (face) value of ​₹ 100 each at a discount of 10%. Give journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 19

Question 14.
Wye Ltd. purchased an established business for ​₹ 2,00,000 payable as ₹ 65,000 by cheque and the balance by issuing 9% Debentures of ​₹ 100 each at a discount of 10%.
Give journal entries in the books of Wye Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 21

Question 15.
Newton Ltd. purchased a Machinery from B for ₹ 5,76,000 to be paid by the issue of 9% Debentures of ​₹ 100 each at 4% discount. Journalise the trasactions.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 22

Question 16.
Reliance Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume debentures have been issued
(i) at par and
(ii) at a discount of 10%.
Give necessary journal entries.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 23
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 24

Question 17.
Deepak Ltd purchased furniture of ₹ 2,20,000 from M/s. Furniture Mart. 50% of the amount was paid to M/s. Furniture Mart by accepting a Bill of Exchanged and for the balance the company issued 9% Debenture of ₹ 100 each at a premium of 10% in favour of M/s. Furniture Mart.
Pass Journal entries in the books of Deepak Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 25

Question 18.
X Ltd. took over the assets of ₹ 6,00,000 and liabilities of ₹ 80,000 of Y Ltd for an agreed purchase consideration of ₹ 6,00,000 payable 10% in cash and the balance by the issue of 12% Debentures of ₹ 100 each. Give necessary journal entries in the books of X Ltd., assuming that:
Case (a): The debentures are issued at par.
Case (b): The debentures are issued at 20% premium.
Case (c): The debentures are issued at 10% discount.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 26
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 27

Question 19.
X Ltd. took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Y Ltd. for ₹ 6,00,000. Give necessary journal entries in the books of X Ltd. assuming that:
Case (a): The purchase consideration was payable 10% in cash and the balance in 5,400; 12% Debentures of ₹ 100 each.
Case (b): The purchase consideration was payable 10% in cash and the balance in 4,500; 12% Debentures of ₹ 100 each issued at 20% premium.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 28

Question 20.
Perfect Barcode Ltd. purchased computers from M/s. Computer Mart and paid the consideration as follows:
(a) 1,000, 10% Debentures of ₹ 100 each at a discount of 10% ; and
(b) Issued a cheque for ₹ 80,000 for the balance amount.
Pass the journal entry in the books of Perfect Barcode Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 29

Question 21.
Lotus Ltd. took over assets of ₹ 2,50,000 and liabilities of ₹ 30,000 of Goneby Company for the purchase consideration of ₹ 3,30,000. Lotus Ltd. paid the purchase consideration by issuing debentures of ₹ 100 each at 10% premium.
Give journal entries in the books of Lotus Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 30

Question 22.
Exe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration, settled at ₹ 3,80,000 be paid by issuing debentures of ₹ 100 each.
Pass journal entries if debenture are issued:
(a) at par
(b) at a discount of 10% and
(c) at a premium of 10%.
It was agreed that any fraction of debentures be paid in cash.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 31
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 32

Question 23.
R Ltd. purchased the assets of S Ltd. for ₹ 5,00,000. It also agreed to take over the liabilities of S Ltd. amounted to ₹ 2,00,000 for a purchase consideration of ₹ 2,80,000. The payment of S Ltd. was made by issue of 9% Debentures of ₹ 100 each at par.
Pass necessary journal entries in the books of R Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 33

Question 24.
Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises.
Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 25% as purchase consideration.
Record necessary journal entries in the books of Romi Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 34

Question 25.
Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises.
Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 10% as purchase consideration.
Record necessary journal entries in the books of Romi Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 35
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 36

Question 26.
X Ltd. issued 10% Debentures of nominal value of ₹ 10,00,000 as follows:
(i) To sundry persons for cash at par ₹ 5,00,000 nominal.
(ii) To a vendor for ₹ 5,50,000 for purchase of fixed assets ₹ 5,00,000 nominal.
Pass journal entries in the books of X Ltd.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 37

Question 27.
Best Barcode Ltd. took a loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as collateral security. Pass journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 38
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 39
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 40
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 41

Question 28.
A company took a loan of ₹ 4,00,000 from Bandhan Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral security.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 42
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 43
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 44
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 45
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 46

Question 29.
X Ltd. took a loan of ₹ 3,00,000 from IDBI Bank. The company issued 4,000; 9% Debentures of ₹ 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 47
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 48

Question 30.
Journalise the following:
(a) A debenture issued at ₹ 95, repayable at ₹ 100.
(b) A debenture issued at ₹ 95, repayable at ₹ 105.
(c) A debenture issued at ₹95, repayable at ₹ 105.
The face value of debenture is ₹ 100 in each of the above cases.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 49
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 50

Question 31.
Pass journal entries in the following cases:
(a) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a premium of 5% redeemable at par.
(b) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a discount of 10% redeemable at par.
(c) A Co.Ltd. issued ₹ 40,000; 12% Debentures at par redeemable at 10% premium.
(d) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a discount of 5% and redeemable at 5% premium.
(e) A Co.Ltd. issued ₹ 40,000; 12% Debentures at a premium of 10% redeemable at 110%.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 51
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 52

Question 32.
Footfall Ltd.issues 10,000 Debentures of Pass necessary journal entries relating to the issue of Debentures for the following:
(a) Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par.
(b) Issued ₹ 30,000; 10% Debentures of ₹ 100 each at a premium of 10% and redeemable at a premium of 15%.
(c) Issued ₹ 80,000; 10% Debentures of ₹ 100 each at par repayable at a premium of 10%. 100 each at a discount of 10% redeemable at a premium of 5% after the expiry of three years.
Pass journal entries for the issue of these debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 53

Question 33.
Pass necessary journal entries relating to the issue of Debentures for the following:
(a) Issued ₹ 4,00,000; 9% Debentures of ₹ 100 each at a premium of 8% redeemable at 10% premium.
(b) Issued ₹ 6,00,000; 9% Debentures of ₹ 100 each at par, repayable at a premium of 10%.
(c) Issued ₹ 10,00,000; 9% Debentures of ₹ 100 each at a premium of 5%,redeemable at par.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 54

Question 34.
Pass necessary journal entries relating to the issue of Debentures for the following:
(a) Issued ₹ 28,000; 10% Debentures of ₹ 100 each at a premium of 15% redeemable at par.
(b) Issued ₹ 30,000; 10% Debentures of ₹ 100 each at a premium of 10% and redeemable at a premium of 15%.
(c) Issued ₹ 80,000; 10% Debentures of ₹ 100 each at par repayable at a premium of 10%.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 55
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 56

Question 35.
Journalise the following transaction at the time of issue of 12% Debentures:
Nandan Ltd. issued ₹ 90,000, 12% Debentures of ₹ 100 each at a discount of 5% redeemable at 110%.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 57

Question 36.
Pass necessary journal entries for the issue of Debentures in the following cases:
(a) ₹ 40,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at par.
(b) ₹ 70,000; 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at a premium of 110.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 58
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 59

Question 37.
Pass necessary journal entries for the issue of Debentures in the following cases:
(a) ₹ 40,000; 15% Debentures of ₹ 100 each issued at a discount of 10% redeemable at par.
(b) ₹ 80,000; 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 60
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 61

Question 38.
XYZ Ltd.issued 5,000, 10% Debentures of ₹ 100 each on 1st April, 2015 at a discount of 10% redeemable at a premium of 10% after 4 years. Give journal entries for the year ended 31st March, 2016, assuming that the interest was payable half-yearly on 30th September and 31st March. Tax is to be deducted @ 10%.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 62
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 63

Question 39.
Bright Ltd. issued 5,000; 10% Debentures of ₹ 100 each on 1st April, 2015. The issue was fully subscribed. According to the terms of issue, interest on the debentures is payable half-yearly on 30th September and 31st March and the tax deducted at source is 10%.
Pass necessary journal entries related to the debenture interest for the year ending 31st March, 2016 and transfer of interest on debentures of the year to the Statement of Profit and Loss.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 64

Question 40.
On 1st April, 2015, V.V.L. Ltd issued 1,000, 9% Debentures of ₹ 100 each at a discount of 6%, redeemable at a premium of 10% after three years. Pass necessary journal entries for the issue of debentures and debenture interest for the year ended 31st March, 2016, assuming that interest is payable on 30th September and 31st March and the rate of tax deducted at source is 10%. The company closes its books on 31st March every year.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 65
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 66

Question 41.
X Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 5% on 1st April, 2015. As per the terms of issue, debentures are to be redeemed at the end of five years. Show the amount of discount to be written off from Statement of Profit and Loss every year.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 67

Question 42.
A limited company issued ₹ 10,00,000; 9% Debentures at a discount of 6% on 1st April, 2014. These debentures are to be redeemed equally, in 5 annual installments starting from 31st March, 2015. Discount on Issue of Debentures is written off during the tenure of debentures.
Pass the journal entries for issue of debentures and writing off the discount.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 68
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 69

Question 43.
On 1st April, 2014, Popular Ltd. issued 20,000; 10% Debentures of ₹ 100 each at a discount of 10% redeemable at par. Show the Discount on Issue of Debentures Account if
(a) such debentures are redeemable after 4 years, and
(b) such debentures are redeemable by equal annual drawings in 4 years, starting from 31st March, 2015. Popular Ltd. follows financial year as its accounting year.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 70
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 71
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 72

Question 44.
On 1st April 2012, Z Ltd. issued ₹ 10,00,000, 10% Debentures of ₹ 100 each at 94% redeemable at par. The debentures are to be redeemed by drawings method in the following manner:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 73
Calculate the amount of discount on issue of debentures to be written off each year.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 74

Question 45.
A company issued 9% Debentures of ₹ 10,00,000 at 8% discount, redeemable at par. The debentures are to be redeemed by drawings method in the following manner:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 75
Calculate the amount of discount on issue of debentures to be written off each year.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 76

Question 46.
Kangaroo Ltd. issued 5,000, 8% Debentures of ₹ 100 each at a discount of 8%. The company decided to write off discount in the year of loss from Capital Reserve which has a balance of ₹ 1,00,000. Pass the journal entry for writing off discount.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 77

Question 47.
Grand Hotels Ltd.issued 30,000, 7% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 5%. It decided to write off loss on issue of debentures first from Capital Reserve then from Securities Premium Reserve and balance from Statement of Profit and Loss. It has balances as follows:
Capital Reserve – ₹ 80,000 and Securities Premium Reserve – ₹ 1,00,000.
Pass the journal entry for writing off loss on Issue of Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 78

Question 48.
Kitply Ltd.issued ₹ 2,00,000, 10% Debentures at a discount of 5%. The terms of issue provide the repayment at the end of 4 years. Kitply Ltd.has a balance of ₹ 5,00,000 in Securities Premium Reserve. The company decided to write off discount on issue of debentures from Securities Premium Reserve in the first year.
Pass the journal entry.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 79

Question 49.
Typhoo Ltd.issued 5,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 10%. Typhoo Ltd.has a balance of ₹ 2,00,000 in Securities Premium Reserve. Loss on Issue of debentures is to be written off equally over the life of debentures from Securities Premium Reserve to the extent possible.
Pass the journal entries for writing off the Loss on Issue of Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 79

Question 50.
Tetley Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 10%. Tetley Ltd. has a balance of ₹ 50,000 in Securities Premium Reserve. Loss on Issue of debentures is to be written off equally over the life of debentures.
Pass the journal entries for writing off the Loss on Issue of Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 81

Question 51.
Global Ltd.issued 10,000, 8% Debentures of ₹ 100 each redeemable at the end of 3 years at a premium of ₹ 9.
Pass the journal entries for writing off the Loss on Issue of Debentures. Also prepare Loss on Issue of Debentures Account.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 82

Question 52.
On 1st April, 2013, ABC Ltd. issued 10,000, 10% Debentures of ₹ 100 each at a discount of 4% redeemable after 5 years at a premium of 6%.
Pass the necessary journal entries for issue of debentures and writing off Loss on issue of Debentures. Also prepare Loss on issue of Debentures Account.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 83
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 84
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 85
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 86

Question 53.
Feeble Ltd.issued 10% Debentures at 94% for ₹ 20,00,000 on 1st July, 2013 repayable by five equal annual installments of ₹ 4,00,000 each starting from 30th June, 2014. Calculate the amount of discount to be written off in every accounting year assuming that the company decides to write off the debentures discount during the life of the debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 87

Question 54.
On 1st May, 2016, Goodluck Ltd. issued 16,000, 9% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% redeemable after five years. All the debentures were subscribed and allotment was made. Discount on issue of Debentures is to be written off over the life of the debentures.
Prepare the Balance Sheet (extract) as at 31st March, 2017 showing Discount on issue of Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 88
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 89

Question 55.
On 1st June, 2015, R Energy Ltd. issued 10,000, 7% Debentures of ₹ 100 each at a discount of 10% redeemable at a premium of 10% at the end of five years. All the debentures were subscribed and allotment was made. Loss on issue of Debentures is to be written off over the life of the debentures.
Prepare the Balance Sheet (extract) as at 31st March, 2016 and 31st March, 2017 showing Loss on issue of Debentures.
Solution:
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 90
TS Grewal Accountancy Class 12 Solutions Chapter 9 Issue of Debentures image - 91

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