If Vendors are issued debentures of Rs. 4,40,000 in consideration of assets of Rs. 5,00,000 and liabilities of Rs. 1,00,000, the balance of Rs. 40,000 will be debited to:
Sunrise Ltd purchased a building for Rs. 5,00,000 payable as 15% in cash and balance by allotment of 9% debentures of Rs. 100 each at a premium of 25%. Number of debentures issued will be :
X Ltd. purchased a building for Rs. 60,00,000 payable as 20% in Cash and balance by allotment of 8% debentures of Rs. 500 each at a premium of 20%. Number of debentures issued will be :
X Ltd. acquired assets of Rs. 20 lakhs and took over creditors of Rs. 20 thousand from FLtd. A Ltd. issued 8% debentures of Rs. 200 each at a discount of 10% as purchase consideration. Number of debentures issued will be :
When debentures are to be redeemed at premium an extra entry has to be made at the time of issue of debentures, which a/c should be credited in this entry?