Category: Class 12 Part – II Usha Publication 2024

Question 25 Chapter 9 of Class 12 Part – 2 – 2024 25. (Different Cases of Debentures issues for Purchase Consideration other than Cash) Suvidha Ltd. Purchased machinery Rs. 1,98,000 from Suppliers Ltd. The payment was to be made by Read More …

Question 24 Chapter 9 of Class 12 Part – 2 – 2024 24. (Issue of Debentures for consideration other than Cash/Balance Sheet) A limited company created RS. 1,00,000 debenture stock, which was issued as follows:(a) to sundry persons for cash Read More …

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 …