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Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% debentures of ₹ 100 each

89 viewsNovember 22, 2024DK Goel Issue of Debentures

Anurag Pathak28.60K November 22, 2024 0 Comments

Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% debentures of ₹ 100 each at a discount of 10% as purchase consideration. Record necessary journal entries in the books of Romi Ltd.

[Ans. No. of Debentures issued 20,000.]

Anurag Pathak Answered question November 22, 2024

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Anurag Pathak28.60K Posted November 22, 2024 0 Comments

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Anurag Pathak

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Romi Ltd. acquired assets of ₹ 20 lakhs and took over creditors of ₹ 2 lakhs from Kapil Enterprises. Romi Ltd. issued 8% debentures of ₹ 100 each

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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