Suvidha Ltd. purchased machinery worth from Suppliers Ltd. The payment was made by issue of debentures of each. How many debentures will be issued at a discount?
- A3,200 debentures
- B1,900 Debentures
- C1,800 Debentures
- D2,200 debentures
Solution & Step-by-step Explanation
To calculate the number of debentures to be issued, we use the following steps:Purchase Consideration: Nominal Value per Debenture: Discount per Debenture: of Issue Price per Debenture:
Number of Debentures Issued:
Number of Debentures Issued: