Question :

Y Ltd., purchased plant and machinery for Rs.2,00,000 from Z Ltd. 20% of the amount was paid by Y Ltd. by accepting a bill of exchange in favour of Z Ltd. and the balance was paid by issuing 6% debentures of Rs. 1,000 each at a premium of

Question : Y Ltd. purchased assets of Rs. 8,00,000 and liabilities of Rs. 1.00,000 from X Ltd. on 1.4.2018. Rs. 2,00,000 were paid immediately and the balance was paid by issue of Rs. 4,75,000, 10% debentures in Y Ltd __________ account will be _______ with __________.

Question :

Akshit Ltd. purchased machinery of from Perfect Machines Ltd. and paid as follows:

(a) Issued 10,000 Equity shares of Rs. 10 each at a premium of Rs. 3;

(b) Issued an acceptance of Rs. 1,00,000 payable after 3

Question :

Akshit Ltd. purchased machinery of from Perfect Machines Ltd. and paid as follows:

(a) Issued 10,000 Equity shares of Rs. 10 each at a premium of Rs. 3;

(b) Issued an acceptance of Rs. 1,00,000 payable after 3

Question : Z Ltd. purchased machinery from K Ltd. Z Ltd. paid K Ltd. as follows :

(i) By issuing 5,000 equity shares of Rs.10 each at a premium of 30%.

00 By issuing 1000, 8% Debentures of Rs. 100 each at a discount of 10%.

(iii) Balance by giving a promissory