. ‘A’ Firm purchased the assets from ‘B’ Limited for Rs.5,40,000. ‘A’ Limited issued 10% debentures of Rs.100 each at 10% discount against the payment. The number of debentures received by ‘B’ Limited will be:
Answers
Answer:
60000 debentures
Explanation:
A bought furniture from B worth Rs 540000
A issued 10% Debentures worth Rs100 each but with discount of 10%
100-10℅ = 90
so each debenture is worth Rs 90
540000/90=60000
Answer:
‘A’ Limited issued 10% debentures of Rs.100 each at 10% discount against the payment.The number of debentures received by 'B' limited will be 60000 debentures.
Explanation:
B sold A furnishings for Rs. 540000.
A offered 10% Debentures with a discount of 10%, each valued Rs 100.
So debentures means , Businesses can issue debentures as marketable securities to get long-term funding without putting up collateral or reducing their equity. A sort of long-term company debt without any kind of collateral is a debenture.
So,100-10℅ = 90
The value of each debenture is Rs 90.
540000/90=60000
So,The number of debentures received by 'B' limited will be 60000 debentures
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