1. Suvidha Ltd. purchased machinery * 1,98,000 from Supplier Ltd. The payment was to
be made by issue of 12% debentures of * 100 each. Pass the necessary Journal entries
for the purchase of machinery and issue of debentures when :
1. Debentures are issued at par.
2. Debentures are issued at 10% discount.
3. Debentures are issued at 10% premium.
(CBSE 2000 (Delhi)
[Ans. No. of debentures 1 = 1980, 2 = 2200, 3 = 1800
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