Category: Chapter No. 9 Company Accounts (Issue of Debentures)

Question 23 Chapter 9 of Class 12 Part – 2 – 2024 23. (Issue for Purchase Consideration other than Cash at Par) R Ltd., purchased the assets of S Ltd. for Rs. 5,00,000. It also agreed to take over the Read More …

Question 22 Chapter 9 of Class 12 Part – 2 – 2024 22. (Issue for Purchase Consideration Other than cash/at Discount) Rama Ltd. purchased machinery worth Rs. 72,000. For this company issued 12% debentures of Rs. 100 each at a Read More …

Question 21 Chapter 9 of Class 12 Part – 2 – 2024 21. (Issue for Purchase Consideration other than Cash) P. Ltd. acquired following assets(a) Building Rs. 8,00,000; payment made by issue of debentures of Rs. 100 each(b) Plant Rs. Read More …

Question 20 Chapter 9 of Class 12 Part – 2 – 2024 20. (Purchase of Business/Goodwill/Issue at Par/Premium Discount) A company purchased assets of the book value of Rs. 4,00,000 and took over liabilities of Rs. 50,000 from Dalal Bros. Read More …

Question 19 Chapter 9 of Class 12 Part – 2 – 2024 19. (Issue of debentures in consideration other than cash) Tata Ltd purchase machinery worth ₹ 4,75,000. For this company issued 12% debentures of ₹ 100 each at of Read More …

Question 18 Chapter 9 of Class 12 Part – 2 – 2024 18. (Issue of debentures in consideration other than cash) M Ltd. Issued debentures of Rs. 80 at a premium of 10 per debenture for satisfying the purchase of Read More …

Question 17 Chapter 9 of Class 12 Part – 2 – 2024 17. (Issue at discount/Call in advance) A limited company made an issue of 10,000, 14% debentures of Rs. 100 each at 5% discount, which was fully subscribed. The Read More …

Question 16 Chapter 9 of Class 12 Part – 2 – 2024 16. (Calls in advance/Interest on calls in advance) Merchants Debentures Issued 1000 , 8 % debentures of Rs. 500 each at par payable as under: Advertisement ₹ 100 Read More …

Question 15 Chapter 9 of Class 12 Part – 2 – 2024 15. (Calls in arrear) A company issued 1,000, 6 % Debentures of Rs. 100 each at 110 payable as follows: Advertisement ₹ 30 on application (including premium of Read More …

Question 14 Chapter 9 of Class 12 Part – 2 – 2024 14. (Calls in arrear) A Ltd. issued 1,50,000, 15% Debentures of Rs. 100 each, Rs. 40 was with application, 40 with the allotment and balance with the first Read More …