Golden Ltd. bought assets for ₹ 5,50,00,000 and assumed liabilities worth ₹ 1,26,00,000 from Silver Ltd. and issued 8% Debentures of ₹ 500 each at a premium of 6%
Golden Ltd. bought assets for ₹ 5,50,00,000 and assumed liabilities worth ₹ 1,26,00,000 from Silver Ltd. and issued 8% Debentures of ₹ 500 each at a premium of 6%. Record necessary entries in the books of Golden Ltd.
[Ans. Number of Debentures Issued 80,000.]
Anurag Pathak Answered question November 16, 2024