green Limited purchase the Assets of strong Limited for 4000000 over liabilities of 700000 at an agreed value of 3240000 - Accountancy - Issue of Debentures

Question

green Limited purchase the Assets of strong Limited for 4000000
over liabilities of 700000 at an agreed value of 3240000 payment
was made by issuing 10% debenture of rupees hundred each at a
discount of 10% past the necessary journal entries in the books of
green Limited

Aditi Jain · Accepted Answer

green Limited purchase the Assets of strong Limited for 4000000 over liabilities of 700000 at an agreed value of 3240000 payment was made by issuing 10% debenture of rupees hundred each at a discount of 10% past the necessary journal entries in the books of green Limited