The purchase consideration paid by Blue Prints Ltd. is Rs. 3,15,000.
The debentures are issued at a premium of 5%.
Face value of each debenture = Rs. 100
Premium per debenture = 5% of Rs. 100 = Rs. 5
Issue price per debenture = Rs. 100 + Rs. 5 = Rs. 105
Number of debentures issued = Issue Price per DebenturePurchase Consideration
Number of debentures issued = 1053,15,000 = 3,000 debentures
The assets purchased (Building, Machinery, Furniture) and liabilities taken over are used to determine the net assets acquired, but the actual payment is made based on the agreed purchase consideration of Rs. 3,15,000, which is discharged by issuing debentures at their issue price of Rs. 105 each.
Correct Option: 2 (3,000 debentures)