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.

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.

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.

King Ltd. took over assets of Rs 25,00,000 and liabilities of Rs 6,00,000 of Queen Ltd. King Ltd. Paid the purchase consideration by issuing 10,000 Equity Shares of Rs 100 each at a premium of 10% and Rs 11,00,000 by Bank Draft. Calculate purchase consideration and pass necessary Journal entries in the books of King Ltd.

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.

Why Ltd. pruchased an established business for ₹ 2,00,000 payable as ₹ 65,000 by chaque and the balance by issing 9% Debentures of ₹ 100 each at a discount of 10% Give Journal entries in the books of wye 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 .

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.

Exe Ltd. Purchased assets of ₹ 8,40,000 and took over liabilities of ₹ 80,000 of Whe Ltd. at a value of ₹ 7,20,000. Exe Ltd. Issued 10% Debentures of ₹ 100 each at 10 % Discount in full satisfaction of the price. The company decided to weite off discount on Issue of Debentures from Securities Premium Reserve of ₹ 1,00,000. Pass Journal entries in the books of Exe Ltd.

Sandesh Ltd. took over the assets of Rs. 7,00,000 and liabilities of Rs. 2,00,000 from Sanchar Ltd. For a purchase consideration of Rs. 4,59,500 . Rs. 8,500 were paid by accepting a draft in favour of Sanchar Ltd. Payable after three months and the balance was paid by issue of equity shares of Rs. 10 each at a premium of 10% in favour of Sanchar Ltd. Pass necessary Journal entries for the above transactions in the books of Sandesh Ltd.