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A' Limited purchased the assets from 'B'...

A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000. 'A' Limited issued 10% debentures of .Rs 100 each at 10% discount against the payment . The number of debentures received by 'B' Limited will be :

A

`54,000`

B

`5,400`

C

`60,000`

D

None of these

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The correct Answer is:
D
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DK GOEL-ISSUE OF DEBENTURES-MULTIPLE CHOICE QUESTIONS
  1. Discount on issue of Debentures is in the nature of

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  2. Premium received on issue of debentures may be utilised for :

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  3. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000. 'A'...

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  4. A' Limited purchased the assets from 'B' Limited for .Rs 5,40,000 . 'A...

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  5. A' Limited purchased the assets from 'B' Limited for .Rs 8,10,000. 'A'...

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  6. Debentures of a Company can be issued :

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  7. On issue of debentures as a collateral security, which account is cre...

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  8. Debentures issued as collateral security will be debited to :

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  9. When debentures of .Rs 1,00,000 are issued as Collateral Security agai...

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  10. Interest on debentures issued as a collateral security is paid on :

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  11. Loss on Issue of Debentures is written off :

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  12. When debentures are to be redeemed at premium an extra entry has to be...

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  13. Premium on Redemption of Debentures Account is :

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  14. X Ltd. acquired assets of .Rs 20 lakhs and took over creditors of .Rs ...

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  15. X Ltd. Purchased a building for .Rs 60,00,000 payable as 20 % in Cash...

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  16. Sunrise Ltd purchased a building for .Rs 5,00,000 payable as 15 % in c...

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  17. If Vendors are issued debentures of .Rs 80,000 in consideration of net...

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  18. If Vendors are issued debentures of .Rs 4,40,000 in consideration of a...

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  19. A Ltd. Issued 1,000, 10% debentures of .Rs 100 each at a premium of 5...

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  20. On Ist April 2007, Sunrise Limited issued 5,000, 8 % debentures of .Rs...

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