Q. 10 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)

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Here are the solution of question number 10 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)

Golden Ltd. bought assets for ₹ 5,50,00,000 and assumed liabilities worth ₹ 1,26,00,000 from Silver Ltd. and issued 8% Debentures of ₹ 500 each at a premium of 6%. Record necessary entries in the books of Golden Ltd.

[Ans. Number of Debentures Issued 80,000.]

Solution:-

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