Q. 38 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 38 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
A company purchased assets of the book value of ₹ 6,00,000 and took over liabilities of ₹ 1,50,000 from Golden Ltd. It was agreed that the purchase consideration settled at ₹ 4,80,000 by paid by issuing debentures of ₹ 100 each at a premium of 10%. It was further agreed that any fraction of the debenture be paid in cash. Give journal entries in the books of purchasing company.
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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| 38 | Question – 38 | |
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| 51 | Question – 51 | |
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| 54 | Question – 54 |
