DK Goel Solutions Q 12 Chapter 7 Issue of Debentures Class 12 CBSE [2023-24]
Step-by-step solution of Question 12, Chapter 7 Accounting for Companies – Issue of Debentures, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 12
Disha Ltd. took over assets of ₹ 8,00,000 and liabilities of ₹ 3,00,000 from Kirti Ltd. for a purchase consideration of ₹ 6,00,000. The payment was made by issue of 9% Debentures of ₹ 100 each at 20% premium.
Pass the necessary journal entries for the above transactions in the books of Disha Ltd.

Solution

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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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