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

Reliance Ltd. Purchased machinery costing ₹ 1,35,000. It was agreed that the purchase consideration be paid by issuing 9% Debentures of ₹ 100 each. Assume debentures have been issued (i) at par and (ii) at a Discount of 10 % Give 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

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.

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

A company purchased assets of ₹ 9,90,000 from another firm. Payment was made by issuing 11% Debentures of ₹ 100 each . Pass Journal enteries when debentures have been issued: (i) at par, (ii) at a premium of 10% and (iii) at a discount of 10%.

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.

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.

Blue prints Ltd., purchased building wirth Rs 150,000 machinery worth Rs 140000 and furnitrue worth Rs 10000 from XYZ Co., and took over its liabilities of Rs 20000 for a pruchase consideration of Rs 315000 .Blue prints Ltd., paid the purchase consideration by issuing 12% debentures of Rs 100 each at premium of 5% Record necessary journal entries.