CBSE 2023 · Region 1 · Set 3 · Q16

Akshita Ltd. issued fully paid shares of ₹ $\displaystyle 5,00,000$ in purchase consideration of net assets of ₹ $\displaystyle 4,70$,000. The balance of ₹ $\displaystyle 30,000$ will be ______ to _______ account.

OR

Maira Ltd. took over assets of ₹ $\displaystyle 12,00,000$ and liabilities of ₹ $\displaystyle 4,00,000$ of Subav Ltd. for an agreed purchase consideration of ₹ $\displaystyle 9,00$,000. The amount was payable by issue of $\displaystyle 11$% debentures of ₹ $\displaystyle 100$ each at $\displaystyle 10$% discount. The number of debentures issued will be :