CUET Accountancy - 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 vendors is: | PYQs + Solutions

CUET Accountancy 2025 13 May Shift 1

Company Accounts

Easy

30,000

28,800

32,000

28,000

✅ Correct Option: 1

Related questions:

3 June Shift 2

In the case of __________ the difference between the nominal value and the issue price is treated as the amount of interest related to the duration of the debentures.

15 May Shift 2

Which of the following will be included in case debenture's are issued to vendor at a discount for purchase consideration other than cash?

(A) % Debenture A/c is credited

(B) Vendor A/c is debited

(D) Securities Premium Reserve A/c is credited

Choose the correct answer from the options given below:

30 May Shift 2

A compnay has issued 10% Debentures of Face Value of Rs. 5,00,000 as Collateral Security against Rs. 6,00,000, 12% Bank Loan. What amount of total interest will be paid by company for the whole year:-

CUET Accountancy 2025 13 May Shift 1 PYQs

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