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प्रश्न
Rose Bond Limited purchased a business for Rs. 22,00,000. The purchase price was paid by 6% debentures. Debentures of Rs. 20,00,000 were issued at a premium of 10% for the purpose. Record necessary journal entries.
रोजनामा प्रविष्टि
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उत्तर
| Journal Entries | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| 1. | Sundry Assets A/c ...Dr. | 22,00,000 | - | |
| To Vendor A/c | - | 22,00,000 | ||
| (Being assets purchased worth ₹ 22,00,000) | ||||
| 2. | Vendor A/c ...Dr. | 22,00,000 | - | |
| To 6% Debentures A/c | - | 20,00,000 | ||
| To Securities Premium A/c | - | 2,00,000 | ||
| (Being 2,000 debentures of ₹ 100 each issued at 10 % premium) | ||||
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