[CBSE] Q. 21 Issue of Debentures Solution TS Grewal Class 12 (2025-26)
Solution of Question number 21 of the Issue of Debentures Chapter of TS Grewal Book (2025-26) CBSE Board
Gundola Ltd. took over assets of ₹ 9,00,000 and liabilities of ₹ 3,00,000 from AK Ltd. for an agreed purchase consideration of ₹ 14,00,000. The payment was made through a bank draft of ₹ 5,00,000 and the remaining by issue of 8% Debentures at a discount of 10%.
Record necessary Journal entries in the books of Gundola Ltd. for the above transactions.
[Ans.: Number of Debentures to be issued = 10,000; Goodwill = ₹ 8,00,000.]
Solution:-
Here is the list of all Solutions.
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| 11 | Question – 11 |
| 12 | Question – 12 |
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| 15 | Question – 15 |
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| 21 | Question – 21 |
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| 26 | Question – 26 |
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| 51 | Question – 51 |
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