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

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

`8,100`

B

`9,000`

C

`90,000`

D

None of the Above

Text Solution

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The correct Answer is:
B
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  6. Debentures issued as collateral security will be debited to :

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

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  9. Loss on Issue of Debentures is written off :

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  11. Premium on Redemption of Debentures Account is :

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

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