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Solution of Q 18 Issue of Debentures TS Grewal 2022-23 [CBSE]

Question 18 of 49Chapter 10Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 18, Chapter 10 Company Accounts – Issue of Debentures, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 18

Romi Ltd. acquired assets of ₹ 20 lakh and took over creditors of ₹ 2 lakh from Kapil Enterprises. Romi Ltd. issued 8% Debentures of ₹ 100 each at a discount of 10% as purchase consideration.

Record necessary Journal entries in the books of Romi Ltd.

TS Grewal Class 12 Issue of Debentures Question 18

Solution

Solution of Q 18 Issue of Debentures TS Grewal 2022-23 part 1
Solution of Q 18 Issue of Debentures TS Grewal 2022-23 part 2
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About this solution

This is Chapter 10 Issue of Debentures of TS Grewal Edition 2022-23.

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 Accountancy Board Exam.

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