Question

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

Options

• 54,000

• 5,400

• 60,000

• None of the above

Answer 1

None of the above.