Debentures Questions

Which A/c is credited for transfer of interest on Debenture Redemption Fund Investment?

Blue Prints Ltd. purchased a building worth Rs. $1,50,000$, Machinery worth Rs. $1,40,000$ and Furniture worth Rs. $10,000$ from XYZ Co. and took over its liabilities of Rs. $20,000$ for a purchase consideration of Rs. $3,15,000$.Calculate the Goodwill/Capital Reserve to be recorded by Blue Print Ltd.

Match List I with List II

Choose the correct answer from the options given below:

The company purchased plant with a book value of Rs. $1,90,000$ from National Victory Company and agreed to pay via issuing $2000$, $10\%$ Debentures of Rs. $100$ each at a discount of $5\%$.Amount that will be credited to $10\%$ Debenture A/c will be:

The money received from applicants to whom no debentures have been allotted will be ________