Skip to main content
grasp.study
About
Explore
Pricing
Log in
Try it for free
Back to course
👋
Welcome to a Grasp lesson
Create a free account
to keep studying and create your own study path.
CBSE Grade 12 Accounting Fundamentals
·
Module 8
Accounting for Debentures
1
Debentures vs. Shares: Features & Types
Explain the features and types of debentures and distinguish them from shares.
2
Debenture Issuance: Journal Entries
Record journal entries for the issue of debentures at par, premium, and discount.
3
Debentures for Non-Cash & Collateral Security
Account for the issue of debentures for consideration other than cash and as collateral security.
4
Debenture Redemption Entries
Record journal entries for the issue of debentures with redemption terms (e.g., issued at a discount, redeemable at a premium).
5
Debenture Interest and TDS Accounting
Account for interest on debentures, including the treatment of Tax Deducted at Source (TDS).
6
Redeeming Debentures: Lump Sum & Open Market Purchases
Record journal entries for the redemption of debentures by lump sum payment and purchase in the open market for cancellation.
7
DRR and DRI: Legal Requirements & Accounting
Explain the legal requirements and accounting for Debenture Redemption Reserve (DRR) and Debenture Redemption Investment (DRI).
8
Debentures on the Balance Sheet
Present Debentures and related items in the company's Balance Sheet.
Previous module
Forfeiture and Reissue of Shares
Next module
Analysis of Financial Statements