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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 2 · Set 1 · Q13

Bishan Ltd. acquired assets worth ₹ $\displaystyle 12,60,000$ and took over liabilities of ₹ $\displaystyle 2,40,000$ of Nimi Ltd. for a purchase consideration of ₹ $\displaystyle 9,40$,000. Bishan Ltd. issued $\displaystyle 12$% debentures of ₹ $\displaystyle 100$ each at a discount of $\displaystyle 6$% in favour of Nimi Ltd. for payment of purchase consideration. The number of debentures issued were :

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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.