Accountancy, asked by anulekshmi1264, 1 day ago

Romi Ltd acquired assets of Rs 20 lakh and took over creidtors of Rs 2 lakh from kapil Enterprises.Romi Lktd. Issued 8% debentures of Rs 100 each at par as puchase consideraion.Record necessary jounal entries in the books of Romi Ltd.

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Answered by itzdevil284
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