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TL Ltd. purchased assets of the book value of Rs. 99,000 from another firm. Purchase consideration was to be paid by issuing 11% Debentures of Rs. 100 each, at a discount of 10%. Number of Debentures company needs to issue will be:a)990b)1,000c)900d)1,100Correct answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about TL Ltd. purchased assets of the book value of Rs. 99,000 from another firm. Purchase consideration was to be paid by issuing 11% Debentures of Rs. 100 each, at a discount of 10%. Number of Debentures company needs to issue will be:a)990b)1,000c)900d)1,100Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for TL Ltd. purchased assets of the book value of Rs. 99,000 from another firm. Purchase consideration was to be paid by issuing 11% Debentures of Rs. 100 each, at a discount of 10%. Number of Debentures company needs to issue will be:a)990b)1,000c)900d)1,100Correct answer is option 'D'. Can you explain this answer?.

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