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Start learning 50% faster. Sign in nowCompanies Act, Section 71. Debentures- (4) Where debentures are issued by a company under this section, the company shall create a debenture redemption reserve account out of the profits of the company available for payment of dividend and the amount credited to such account shall not be utilised by the company except for the redemption of debentures.
‘A’ started a business by investing Rs. 2000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received...
A and B together started a business with initial investment in the ratio of 1:7, respectively. The time-period of investment for A and B is in th...
A and B together started a business by investing their capital in the ratio of 11:8, respectively and total amount invested by them together is Rs. 7600...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:2:9, respectively. At end of the year, if the difference be...
"A" and "B" initiated a partnership with investments in the proportion of 3:4. After four months, "C" entered the partnership by contributing Rs. 75,000...
‘C’ and ‘D’ entered into a business by investing Rs. ‘y’ and Rs. ‘y + 300’, respectively. After 10 months ‘C’ invested Rs. 400 more ...
A, B and C invest in a partnership in the ratio 6:5:8 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
A, B and C started a online education website by investing Rs.24,000, Rs.30,000 and Rs.42,000 respectively. Find the share of A’s, out of an annual pr...
A, B, and C invested Rs. 7200, Rs. 4800, and Rs. x, respectively, in a business for equal time. If the profit received by C is Rs. 2500 out of a total p...
Anna and Ben initially invested Rs. 12,500 and Rs. 15,000 in a business venture. Six months into the business, Anna added another Rs. 2,500 to her inves...
