Quiz

Premier Auto Ltd. purchased assets of the value of f 3,60,000 from Anand Ltd. and made the payment of purchase...

Rohit Sharma March 31, 2023

Premier Auto Ltd. purchased assets of the value of f 3,60,000 from Anand Ltd. and made the payment of purchase...

These are the options for the Question: Premier Auto Ltd. purchased assets of the value of f 3,60,000 from Anand Ltd. and made the payment of purchase consideration by issuing 11% Debentures of % 100 each at a discount of 10 %, The number of debentures issued by Premier Auto Ltd. were :

(A) 3,600 (B) 36,000 (C) 40,000 (D) 4,000

The correct answer is - (D) 4,000