Question

M/s X Ltd. took over the assets of Rs. 4,60,000 & liabilities of Rs. 30,000 of Rs. B Ltd. for a purchase consideration of Rs. 4,40,000. The company issued 10% debentures of Rs. 100 each at a premium of 10% towards the purchase consideration no. of debentures issued will be________________ (a) 4,200 (b) 4,000 (c) 3,000 (d) 4,400

Answer 1

M/s X Ltd. took over the assets of Rs. 4,60,000 & liabilities of Rs. 30,000 of Rs. B Ltd. for a purchase consideration of Rs. 4,40,000. The company issued 10% debentures of Rs. 100 each at a premium of 10% towards the purchase consideration no. of debentures issued will be 4,000.

So, the Answer is :-

[B] 4,000 ✓✓

Answer 2

Hello Friend

ans

Option.D

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