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Rai company purchased assets of the book...

Rai company purchased assets of the book value of Rs 2,20,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000, 105 debentures of Rs100 each at premium of 10%
Record necessary jornal entries

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NCERT-ISSUE AND REDEMPTION OF DEBENTURES-Illustration
  1. ABC Lemited issured Rs 10,000 12% debentures of Rs 100 each payable Rs...

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  2. T.V Components Ltd., issued 10,000, 12% debentures of Rs each at a dis...

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  3. The debentures were fully subscribed and all money was duly received R...

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  4. A Limited issued 5000, 10% debentures of Rs 100 each at a premium of R...

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  5. X Limited Issued 10,000 , 12% debentures of Rs 100 each payable Rs 40 ...

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  6. Aashirward Company Limited purchased assets of the book value of Rs 2,...

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  7. Rai company purchased assets of the book value of Rs 2,20,000 from ano...

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  8. National Packaging company pruchased assets of the value of Rs 1,90,00...

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  9. G.S Rai company pruchased assets of the book value of Rs 99,000 from a...

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  10. Romi Ltd acquired assets of Rs 20 lakh and took over creidtors of Rs 2...

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  11. Blue prints Ltd., purchased building wirth Rs 150,000 machinery worth ...

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  12. A Limited took over the assets of Rs 300000 and liabilities lof Rs 100...

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  13. Suvidha Ltd purchased machinery worth Rs 198000 from suppliers Ltd.The...

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  14. A company took loan of Rs 1000000 from Punjab National Bank and issued...

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  15. Give Journal entries for the following: 1. Issued of Rs 100,000 , 9%...

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  16. You are required to pass the journal entries relating to the issue of ...

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  17. A Ltd issued 2000 , 10% debentures of Rs 100 each on April 01,2016 at ...

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  18. A Ltd. Company has issued Rs 100,000, 9% debentures at a discount of 6...

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