Star Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Moon Ltd. For ₹ 6,00,000 . Give necessary Journal entries in the books of Star Ltd. Assuming that:
Case (a): The purchase consideration was payable 10% in cash and the balance in 5,400, 12% Debentures of ₹ each.
Case (b): The pruchase consideration was payable 10% in cash and the balance in 4,500, 12% Debentures of ₹ 100 each issued at 20% premium.

Exe Ltd. Took over assets of ₹ 7,00,000 and liabilities of ₹ 60,000 of Wyc Ltd. For the purchase consideration by issuing 9% Debentures of ₹ 100 each at 10% premium. Pass Journal entries in the books of Exe Ltd.

Bright Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of star Ltd. For an agreed purchase consideration of ₹ 6,00,000 payable 10% in cash and the balance by the issue of 12 % Debentures of ₹ 100 each. Give necessary Journal entries in the books of Bright Ltd ., assuming that: Case(a): The debantures are issued at par. Case (b): The debentures are issued at 20% Premium. Case (c): The debentures are issued at 10% discount .

Pass necessary Journal entries for the issue of debentures in the following cases: (a) ₹ 40,000, 12% Debentures of ₹ 100 each issued at a premiuma of 5% redeemable at par. (b) ₹ 70,000, 12% Debentures of ₹ 100 each issued at a premium of 5% redeemable at ₹ 110.

On 1st April, 2018, Welfare Ltd. took over assets of ₹ 3,50,000 and liabilities of ₹ 60,000 of Himalyan Ltd. for the purchase consideration of ₹ 4,40,000. It paid the purchase consideration by issuing 8% Debentures of ₹ 100 each at 10% premium. On the same date it issued another 3,000, 8% Debentures of ₹ 100 each at a discount of 10%, redeemable at a premium of 5% after 5 years. According to the terms of the issue ₹ 30 is payable on application and the balance on the allotment of debentures. You are required to pass Journal entries in the books of Welfare Ltd. to record the above transactions.

Chrome Ltd. Took over assets of ₹ 6,00,000 and liabilities of ₹ 40,000 of Polymar Ltd. At an agreed value of ₹ 6,30,000. Chrme Ltd. Issued 10% Debentures of ₹ 100 each at a discount of 10% to Polymar Ltd. In full satisfaction of the price . Pass the necessary Journal entries to record to above transaction in the books of Chrme Ltd.

Wellbeing Ltd. Took over assets of ₹ 9,80,000 and liabilities of ₹ 40,000 of HDR Ltd. At an agreed value of ₹ 9,00,000. Wellbeing Ltd. Paid to HDR Ltd. Bu issue of 9% Debentures of 100 each at a premium of 20% . Pass necessary Journal entries to record the above transaction in the books of Wellbeing Ltd.

Pass necessary Journal entries for the issue of debentures in the following cases: (a) ₹ 40,000, 12% Debentures of ₹ 100 each issued at a discount of 10% redeemable at par. (b) ₹ 80,000, 15% Debentures of ₹ 100 each issued at a premium of 10% redeemable at a premium of 10%.