B Ltd. purchased Building worth ₹3,00,000, Plant worth ₹2,80,000 and Furniture worth ₹20,000 from C Ltd. for a purchase consideration of ₹6,30,000. B Ltd. paid the purchase consideration by issuing 9% debentures of ₹100 each.

Pass necessary journal entries in the books of B Ltd. for the acquisition of assets and issue of debentures when:

(a) Debentures were issued at par.

(b) Debentures were issued at a premium of 25%.

(c) Debentures were issued at a discount of 10%.

Marks-5, CBSE:2021-22/Term-2/Zone-4/Set-1/Q-9