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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 5 · Set 2 · Q2

Universal Ltd. took over machinery of ₹ $\displaystyle 3,30,000$, furniture of ₹ $\displaystyle 1,60,000$ and liabilities of ₹ $\displaystyle 80,000$ from Amol Ltd. for a purchase consideration of ₹ $\displaystyle 4,50$,000. The payment to Amol Ltd. was made by issue of $\displaystyle 10$% Debentures of T $\displaystyle 50$ each at a discount of $\displaystyle 10$%. The number of debentures issued to Amol Ltd. was :

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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.