(ii) Maira Ltd. took over assets of 12,00,000 and liabilities of
4,00,000 of Subav Ltd. for an agreed purchase consideration of
9,00,000. The amount was payable by issue of 11% debentures of
100 each at 10% discount. The number of debentures issued will
be:
(a) 9,000
(c) 8,000
(b) 10,000
(d)11,000
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