well being limited to over Assets of 980000 and liabilities of 40,000 of htl Limited at an agreed value of - Accountancy - Issue of Debentures

Question

well being limited to over Assets of 980000 and liabilities of
40,000 of htl Limited at an agreed value of 9 lakh wellbeing
Limited paid to hdR limited by issue of 9% debenture of rupees
hundred years at a premium of 20% pass necessary journal entries to
record the above transaction the books of wellbeing Limited

Aditi Jain · Accepted Answer