7. Answer the following: 1. Radha Ltd. purchased machinery worth Rs.1,20,000 and building worth Rs. 2,00,000 from Deepa Ltd. for an agreed purchase consideration of Rs. 3,00,000 to be satisfied by the issue of 3,000, 12% debentures of Rs. 100 each. Show the necessary journal entries in the books of Radha Ltd. 2. AS-10 excludes certain items from its ambit. In the light of above statement mention any 3 items on which AS-10 is not applicable