Page 20 - 23. COMPILER QB - IND AS 109_32

31-Dec-2018 100,000,000 33,000,000 198,700,959 34,211,310
31-Dec-2019 100,000,000 22,000,000 99,551,570 22,850,610

31-Dec-2020 100,000,000 11,000,000 (0) 11,448,430

a. 1 January 2016
Particulars Dr. Amount Cr. Amount (Rs.)

(Rs.)
Cash A/c Dr. 494,129,904

To Loan from bank A/c 494,129,904
(Being loan recorded at its fair value less
transaction costs on the initial recognition date)

b. 31 December 2016
Particulars Dr. Amount (Rs.) Cr. Amount (Rs.)
Loan from bank A/c Dr. 98,175,061

Interest expense (profit and loss) Dr. 56,824,939
To Cash A/c 155,000,000
(Being first instalment of loan and payment
of interest accounted for as an adjustment to

the amortised cost of loan)

(for understanding only)

Financial Liability Account
Year Debit Amount Credit Amount

1 To bank 15,50,00,000 By Bank 49,41,29,904
To bal c/f 39,59,54,843 By interest 5,68,24,939

2 To bank 4,40,00,000 By bal b/f 39,59,54,843
To bal c/f 3,97,48,965 By interest 4,55,34,807

c. 31 December 2017 – Before Hello Limited approached the bank –
Particulars Dr. Amount Cr. Amount
(Rs.) (Rs.)
Interest expense (profit & loss) Dr. 45,534,807

To Loan from bank A/c 1,534,807
To cash A/c 44,000,000
(Being loan payment of interest recorded by the

Company before it approached the Bank for
deferment of principal)

23. 19