XYZ Ltd. purchased assets worth Rs. 3,00,000 from Blue Prints Ltd., and took over its liabilities worth Rs. 20,000 for a purchase consideration of…
CUET UG 2025 — Accountancy Company Accounts
XYZ Ltd. purchased assets worth Rs. 3,00,000 from Blue Prints Ltd., and took over its liabilities worth Rs. 20,000 for a purchase consideration of Rs. 3,15,000. XYZ Ltd. paid the purchase consideration by issuing 12% debentures of Rs. 100 each at a premium of 5%.
How many debentures would be issued, if debentures were issued at par?
Held on 14 May 2025 · Verified 13 Jul 2026.
Options
- A
3,000
- B
3,150
- C
3,300
- D
3,500
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Company Accounts in other years
More CUET UG Company Accounts questions
In which order, the share capital of the Company is shown on the balance sheet: (A) Authorized Capital (B) Subscribed and fully paid up Capital (C) Issued Capital (D) Subscribed but not fully paid up Choose the correct answer from the options given below:
Select the TRUE statement related to the issue/re-issue of equity shares.
What does 'E' stand for in ESOP?
Blue Prints Ltd., account will be :
Arrange the following in correct order for issue of shares- (A) Share forfeiture (B) Share Application (C) Share Allotment (D) Unpaid Call Choose the correct answer from the options given below: 1. (B), (A), (C), (D) 2. (B), (C), (D), (A) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A)
Other Accountancy topics for CUET UG
Keep practicing Company Accounts
Work through every CUET UG Company Accounts PYQ, year by year.