Q. 11 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
Here are the solution of question number 11 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Nupur Ltd. took over Plant and Machinery worth ₹ 8,00,000, Stock worth ₹ 7,00,000 and Sundry Debtors for ₹ 6,00,000 from Vandana Ltd. for a purchase consideration of ₹ 22,80,000. Nupur Ltd. paid the purchase consideration by issuing 8% Debentures of ₹ 200 each. Pass entries in the books of Nupur Ltd. when:
(a) Debentures were issued at 5% discount.
(b) Debentures were issued at 20% premium.
[Ans. Goodwill ₹ 1,80,000; Number of Debentures issued in case (a) 12,000 and in Case (b) 9,500.]
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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