Q. 39 DK Goel Issue of Debentures Solutions Class 12 CBSE (2024-25)
the solution of question number 39 of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
X Ltd. took over assets of ₹ 5,00,000 and liabilities of ₹ 1,00,000 of another company at an agreed price of ₹ 3,80,000. The purchase consideration was discharged by issuing debentures of ₹ 100 each at a discount of 10%. It was agreed that any fraction of the debenture by paid in cash. Give journal entries in the books of X Ltd. Ignore writing off discount on issue of debentures.
Solution:-
Here are the solutions of Issue of debentures chapter 7 of DK Goel Class 12 CBSE (2024-25)
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