Apoorv Ltd. acquired building worth ₹15,50,000, Machinery worth ₹11,40,000 and Furniture worth ₹1,10,000 from Dhruv Ltd. and took over its liabilities of for a purchase consideration of ₹25,00,000. Apoorv Ltd. paid the purchase consideration by issuing 12% debentures of ₹100 each at a premium of 25%.

Pass the necessary journal entries in the books of Apoorv Ltd. for the above transactions.

Marks-3, CBSE: 2024-25/Zone-2/Set-1/Q-19(a)