WebApr 24, 2024 · The Computed Cum-Interest Price Rs 20,600 represents Partly towards Cost of Security (Rs 20,333) and Partly for Two Months Accrued Interest thereon (Rs 267) . It … WebAll Investment transactions are presumed cum-interest unless otherwise stated. It is compulsory to sell current investments within 12 months after the date of purchase. …
What’s the Difference Between Cum Dividend & Ex Dividend - Dr …
WebSep 21, 2024 · Notes: (1) `98 cum-interest price includes interest `1 for the expired period of one month (i.e., April 2012). (2) `100.25 cum-interest price includes interest of `3 for the expired period of 3 months (i.e. October, November ... [Purchase of 200 Debentures of ! 100 each at ! 98 cum-interest as investments including payment of … Web" Suppose 10 per cent. interest is payable on a security of Rs. 100 on 31st March, and 30th September, of each year. A person purchases a security-cum-interest on 31st May at Rs. 110-cum-interest. In this transaction, the agreed price of Rs. 110 includes the payment for interest at 10 per cent. for the expired period of two months. the perfect american family
Ex and cum interest - Students IPCC - CAclubindia
WebInterest is payable on 30 th june and 31 st december each year. On 1 st june, 2009, 200 debentures are purchased cum interest at Rs. 21, 400. On november, 2001, 300 debentures are sold ex-interest at Rs. 28, 650. On 30 th november, 2001, 200 debentures are purchased ex interest for Rs. 19, 200. WebThe cost of an investment includes acquisition charges such as brokerage, fees and duties. 2. If an investment is acquired, or partly acquired, by the issue of shares or ... In case the transaction is on cum-interest basis, a part of purchase price is related to the interest accrued from the date of the last interest paid to the date of ... Web15.Cum-interest price includes interest for the period from last due date of interest till the date of sale. In this case Cost of investment for buyer and Capital receipt/sales price … the perfect american