According to accounting standard-14 purchase consideration is payable to which one of the following?

The correct answer is D. Shareholder.

Purchase consideration is the amount paid by the acquirer to the seller for the acquisition of an asset or a business. In the case of a share acquisition, the purchase consideration is payable to the shareholders of the target company.

The other options are incorrect because:

• Option A is incorrect because debenture holders are not the owners of the company. They are creditors of the company and are entitled to receive interest payments on their debentures.
• Option B is incorrect because creditors are not the owners of the company. They are creditors of the company and are entitled to receive repayment of their loans.
• Option C is incorrect because shareholders and creditors are both entitled to receive payment from the acquirer, but the purchase consideration is payable to the shareholders.