CBSE Class 12 Accountancy Issue Of Debentures Online Test Set D

Page 1 of 10

Question 1

Question

X Co Ltd purchased assets worth RS 28,80,000. It issued debentures of Rs. 100 each at a discount of 4% in full satisfaction of the purchase consideration. The number of debentures issued to vendor is

Answer

Rs.35,000

Rs.32,000

Rs. 30,000

None of the options