Hi-tech Ltd. took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Low-tech Ltd
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Park Regis Ltd. issued 2,500; 9% Debentures of ₹ 100 each at a discount of 10% payable along with application
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Cane Ltd. issued 10,000; 10% Debentures of ₹ 100 each at a discount of 10% payable ₹ 25 on application and balance on allotment
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Betel Nut Tree Ltd. issued 6,000; 10% Debentures of ₹ 50 each at a premium of ₹ 15 payable as follows:
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Date Plam Ltd. issued 5,000; 8% Debentures of ₹ 100 each at a premium of 5% payable as follows
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Smart Ltd. issued 5,000, 10% Debentures of ₹ 100 each, payable ₹ 30 on application and ₹ 70 on allotment
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Pollock Ltd. issued 2,000; 9% Debentures of ₹ 100 each on the following terms
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Akai Ltd. issued 40,000; 10% Debentures of ₹ 100 each at par for cash payable in full along with the application
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Star & Sky Ltd. issued 2,000; 8% Debentures of ₹ 100 each payable as follows ₹ 25 on application
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Match the statements given under A with the correct options given under B
Ans: (i) – c (ii) – a (iii) – b (iv) – e (v) – d