CUET Accountancy - AB&Co. purchased assets worth Rs. 28,80,000 from vendor. 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 : | PYQs + Solutions

CUET Accountancy 2023 28 May Shift 1

Company Accounts

Easy

30,000

28,800

32,000

27,693

✅ Correct Option: 1

Related questions:

13 May Shift 1

Which of the following debentures do not have a specific charge on the assets of the company.

28 May Shift 1

Debentures issued for consideration other than cash includes, debentures :

(A) Issued to bank as additional security

(B) Issued to vendor

(D) Issued to creditor

(E) Issued for cash

Choose the correct answer from the options given below :

11 June Shift 3

Redemption of Debenture can be done by many ways. Identify the wrong option.

CUET Accountancy 2023 28 May Shift 1 PYQs