Q. 37 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 37 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
Tushar Ltd. purchased assets of ₹ 14,40,000 and liabilities of ₹ 2,55,000 from Chander Ltd. on 1.4.2021. ₹ 2,40,000 were paid immediately. Pass journal entries in the books of Tushar Ltd. if the balance was paid as follows:
Case (i) by issue of ₹ 9,00,000, 11% debentures in Tushar Ltd.
Case (ii) by issue of ₹ 10,50,000, 12% debentures in Tushar Ltd.
[Ans. Case (i) Securities Premium will be credited by ₹ 45,000; Case (ii) Discount on issue of debentures will be debited by ₹ 1,05,000.]
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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1 | Question – 1 | |
2 | Question – 2 | |
3 | Question – 3 | |
4 | Question – 4 | |
5 | Question – 5 | |
6 | Question – 6 | |
7 | Question – 7 | |
8 | Question – 8 | |
9 | Question – 9 | |
10 | Question – 10 |
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11 | Question – 11 | |
12 | Question – 12 | |
13 | Question – 13 | |
14 | Question – 14 | |
15 | Question – 15 | |
16 | Question – 16 | |
17 | Question – 17 | |
18 | Question – 18 | |
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20 | Question – 20 |
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21 | Question – 21 | |
22 | Question – 22 | |
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25 | Question – 25 | |
26 | Question – 26 | |
27 | Question – 27 | |
28 | Question – 28 | |
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31 | Question – 31 | |
32 | Question – 32 | |
33 | Question – 33 | |
34 | Question – 34 | |
35 | Question – 35 | |
36 | Question – 36 | |
37 | Question – 37 | |
38 | Question – 38 | |
39 | Question – 39 | |
40 | Question – 40 |
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41 | Question – 41 | |
42 | Question – 42 | |
43 | Question – 43 | |
44 | Question – 44 | |
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51 | Question – 51 | |
52 | Question – 52 | |
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54 | Question – 54 |