Question

A Company purchased assets of book value of ₹ 99,000 form a firm. It was

agreed that purchase consideration be paid by issuing 11% debentures of

₹100 each. Assuming –

i) Debentures have been issued at par.

ii) Debentures have been issued at 10% discount.

iii) Debentures have been issued at 10% premium.

B) Alpha LTD has 10,000 8% Debentures of ₹100 each due for redemption on
March on March 31, 2018 . Assume that Debenture redemption reserve has A balance of ₹1,80,000 on that date. Record the necessary entries at the time of redemption of Debentures.​

Answer 1

Answer:

this is too big question

sorry I don't have any ans of this question is