SolveItNCERT · CBSE Boards
✓ Board-verified
Accountancy · 2024 · 1 mark

CBSE 2024 · Region 2 · Set 3 · Q6

Maharaja Ltd. took over assets of ₹ $\displaystyle 15,00,000$ and liabilities of ₹ $\displaystyle 2,00,000$ of Dolphin Ltd. for an agreed purchase consideration of ₹ $\displaystyle 12,60$,000. It was agreed that the purchase consideration will be paid by issuing $\displaystyle 11$% Debentures of ₹ $\displaystyle 100$ each at $\displaystyle 10$% discount. The number of debentures issued will be :

More from Issue and Redemption of Debentures

CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.