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Solution of Q 21 Issue of Debentures TS Grewal 2022-23 [CBSE]

Question 21 of 49Chapter 10Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 21, Chapter 10 Company Accounts – Issue of Debentures, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 21

Green Ltd. purchased the assets of Strong Ltd. for ₹ 40,00,000 and took over liabilities of ₹ 7,00,000 at an agreed value of ₹ 32,40,000. Payment was made by issuing 10% Debentures of ₹ 100 each at a discount of 10%. Pass the necessary Journal entries in the books of Green Ltd.

TS Grewal Class 12 Issue of Debentures Question 21

Solution

Solution of Q 21 Issue of Debentures TS Grewal 2022-23 part 1
Solution of Q 21 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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