1.

. ‘A’ Firm purchased the assets from ‘B’ Limited for Rs.5,40,000. ‘A’ Limited issued 10% debentures of Rs.100 each at 10% discount against the payment. The number of debentures received by ‘B’ Limited will be:

Answer»

Answer:

60000 debentures

Explanation:

A bought FURNITURE from B worth Rs 540000

A ISSUED 10% Debentures worth Rs100 each but with discount of 10%

100-10℅ = 90

so each debenture is worth Rs 90

540000/90=60000



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