Q. 32 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 32 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Ashoka Ltd. purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 12% debentures of ₹ 100 each. Assume debentures have been issued, (I) at par, and (ii) at a discount of 10%.
Give necessary journal entries.
[Ans. Number of Debentures issued in case I 1,350, and Case II 1,500.]
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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