Suvidha Ltd purchased machinery worth Rs 198000 from suppliers Ltd.The payment was made by issue opf 12% debentures of Rs 100 each.
Pass the necessary joural entries for the purchase of machinery and issue of debentures when:
(i) Debentures are issued at par,
(ii) Debentures are issued at 10% descount, and
(iii) Debentures are issued at 10% premium

Vimal Ltd. purchased machinery of Rs. 9,90,000 from Kamal Ltd. The payment to Kamal Ltd. was made by issuing equity shares of Rs. 100 each. Pass the necessary Journal entries in the books of Vimal Ltd. for purchase of machinery and the issue of shares when (i) Shares were issued at par. (ii) Shares were issued at 25% premium.

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 .

KTR Ltd., issued 365, 9% Debentures of ₹ 1,000 each on 4th March, 2016. Pass necessary Journal entries for the issue of debentures in the following situations: (i) When debentures were issued at par, redeemable at a premuim of 10% . When debentures were issued at 6% discount, redeemable at 5% premium.

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%.

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.