Question

1. Tanya Ltd purchased an asset from Sanya Ltd for 5,40,000. Tanya Ltd issued 8% debentures
of 100 each at 10% discount against the payment. Calculate the number of debentures
issued by Tanya Ltd.
(a) 5,400
(b) 6,000
(C) 60,000
(d) 54,000​

Answer 1

Answer:

Number of debenture issued = amount paid to vendor /value of debenture

value of debenture = 100-(100*10%)=90

number of debenture issued = 540000/90

= 6000