Aashirward Company Limited purchased assets of the book value of Rs 2,00,000 From another company and agreed to make the payment of purchase considertion by issuing 2,000, 10% debentures of Rs 100 each.
Record the necessary journal entries.

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

National Packaging company pruchased assets of the value of Rs 1,90,000 from another company and agreed to make the payment of purchase consideration by issuing 2000, 10% debentures of Rs 100 each at discount of 5% Record necessary journal entries

G.S Rai company pruchased assets of the book value of Rs 99,000 from anotherf firm .It was agreed that pruchase considertation be paid by issuing 11% debentures of Rs 100 each .Assume devbentures have been issued 1.At par 2. At discount of 10% and 3. At fa premiu, of 10% Record necessary journal entries

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.

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.

A Limited took over the assets of Rs 300000 and liabilities lof Rs 10000 from B & Co Ltd. For an agreed purchase consideration of Rs 270000 to be satisfied by issue of 15% debenture3s of Rs 10 at 20% premium .Shown the journal entries in the journal of A Limited.

Rocky Ltd. Pruchased building for ₹ 22,00,000. Half the payment was made by cheque and the balance half by issue of 9% Debentures of ₹ 100 each at a premium of 10%. Pass necessary Journal entries.

R Ltd. Purchased the assets of S Ltd. For ₹ 5,00,000. It also agreed to take over the liabilities of S Ltd. Amounted to ₹ 2,00,000 for a purchase consideration of ₹ 2,80,000. The payment of S Ltd. Was made by issue of 9% Debentures of ₹ 100 each at par. Pass necessary Journal entries in the books of R Ltd.

Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros. It was agreed thet the purchaase consideration, settled at ₹ 3,80,000, be paid by issuing debentures of ₹ 100 each. It was agreed that any fraction of debentures be paid in cash.