A company issued ₹ 1,00,000; 7% Debentures at par redeemable at 5% premium after 10 yearsSolution:- Anurag PathakDecember 12, 2023
Sheesham Ltd. issued 10,000 Debentures of ₹ 100 each at par on the condition that the sameSolution:- Anurag PathakDecember 12, 2023
Journalise the following: (a) A debenture issued at 95, repayable at ₹ 100Solution:- Anurag PathakDecember 12, 2023
Cactus Ltd. took a loan of ₹ 5,00,000 from a bank giving ₹ 6,00,000; 9% Debentures as a collateral securitySolution:- Anurag PathakDecember 12, 2023
Drumbeats Ltd. took a loan of ₹ 4,00,000 from AU Bank Ltd. and issued 8% Debentures of ₹ 4,00,000 as a collateral SecuritySolution:- Anurag PathakDecember 12, 2023
Rohan Ltd. purchased the assets of Sony Ltd. for ₹ 5,00,000. It also agreed to take over the liabilities of Sony LtdSolution:- Anurag PathakDecember 12, 2023
Exe Ltd. purchased assets of the books value of ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan BrosSolution:- Anurag PathakDecember 12, 2023
Promising Company Ltd. took over assets of ₹ 2,50,000 and liabilities of ₹ 30,000 of Goneby Company for the purchase consideration of ₹ 3,30,000Solution:- Anurag PathakDecember 12, 2023
Paper Products Ltd. purchased Plant and Machinery for ₹ 10,00,000 payable as ₹ 3,25,000 in cashSolution:- Anurag PathakDecember 12, 2023
Patanjali Ltd. purchased machinery from Barun for an agreed purchase consideration of ₹ 6,30,000 to be satisfied bySolution:- Anurag PathakDecember 12, 2023