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DK Goel Solutions ISC Q 7 Chapter 7 Company Accounts-Issue of Debentures Class 12 ISC [2023-24]

Question 7 of 26Chapter 7Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 7, Chapter 7 Company Accounts – Issue of Debentures, DK Goel Class 12 Accountancy 2023-24 for the ISC Board.

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Question 7

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 :

  1. (a) Debentures were issued at 5% discount.
  2. (b) Debentures were issued at 20% premium.
DK Goel Class 12 Issue of Debentures Question 7

Solution

Solution of Q 7 Issue of Debentures DK Goel 2023-24 part 1
Solution of Q 7 Issue of Debentures DK Goel 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 7 Issue of Debentures DK Goel 2023-24 part 3
Solution of Q 7 Issue of Debentures DK Goel 2023-24 part 4
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About this solution

This is Chapter 7 Company Accounts-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 ISC Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.

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