Question

Q. 18. 'A' Limited purchased the assets from 'B' Limited for 8,10,000. 'A' Limited
issued 10% debentures of 100 each at 10% discount against the payment_
The number of debentures received by 'B' Limited will be:
(A) 8,100
(B) 9,000
(C) 90,000
(D) None of the above
PLEASE GIVE EXPLAINATION​

Answer 1

Answer:

no. of deb issued = total amount payable/face value + premium - discount

= 8,10,000/100-10

= 9000 deb issued