DK Goel Solutions Q 11 Chapter 7 Issue of Debentures Class 12 CBSE [2023-24]
Step-by-step solution of Question 11, Chapter 7 Accounting for Companies – Issue of Debentures, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 11
Nupur Ltd. took over Plant and Machinery worth ₹ 8,00,000, Stock worth ₹ 7,00,000 and Sundry Debtors for ₹ 6,00,000 from Vandna Ltd. for a purchase consideration of ₹ 22,80,000. Nupur Ltd. paid the purchase consideration by issuing 8% Debentures of ₹ 200 each. Pass entries in the books of Nupur Ltd. when :
- (a) Debentures were issued at 5% discount.
- (b) Debentures were issued at 20% premium.
Solution
All questions of Chapter 7
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About this solution
This is Chapter 7 Accounting for Companies – Issue of Debentures of DK Goel For 2024 Examinations.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.
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