WebExe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration ,settled at … WebMars Ltd. has Plant and Machinery whose written down value on 1st April, 2024 was ₹9,60,000 and on 31st March, 2024 was ₹10,50,000. Depreciation for the year was ₹35,000. In the beginning of the year, a part of plant was sold for ₹45,000 which had a written down value of ₹30,000. Calculate Cash Flow from Investing Activities VIEW SOLUTION
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WebPurchases Consideration is the amount agreed to be paid for taking over the business from another enterprise. Purchases consideration may be given in the question; otherwise it … WebExe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration ,settled at ₹3,80,000 be paid by issuing debentures of ₹ 100 each. (c) at a premium of 10%.
WebA Ltd. acquired 70% interest in B Ltd. on 1.1.2012. On that date, B Ltd. had paid-up capital of ₹1,00,000 consisting of 10,000 equity shares of ₹10 each and accumulated balance in reserve and surplus of ₹1,00,000. On that date, assets and liabilities of B Ltd. were also revalued and revaluation profit of ₹20,000 were calculated. WebExe Ltd. Purchased assets of ₹ 8,40,000 and took over liabilities of ₹ 80,000 of Whe Ltd. at a value of ₹ 7,20,000. Exe Ltd. Issued 10% Debentures of ₹ 100 e...
WebOct 3, 2024 · closed Dec 12, 2024 by Riteshsingh Exe Ltd. Took over assets of ₹ 7,00,000 and liabilities of ₹ 60,000 of Wyc Ltd. For the purchase consideration by issuing 9% Debentures of ₹ 100 each at 10% premium. Pass Journal entries in the books of Exe Ltd. class-12 company-accoount-issue-of-debentures 1 Answer 0 votes WebMar 17, 2024 · B. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over the liability of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at Rs. 3,80,000, be paid by issuing debentures of Rs. 100 each.
WebMar 29, 2024 · Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros. It was agreed thet the purchaase consideration, settled at ₹ 3,80,000, be paid...
WebJul 1, 2024 · Exe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration, settled at ₹ 3,80,000 be paid by issuing … kleopatra beach hotel bookingWebExe. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over theliabilities of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at Rs. 3,80,000, be paid by issuing debentures of Rs. 100 each.What Journal entries will be made in the following three cases if debentures are issued. kleopatra atlas hotel - all inclusiveWebExe. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over the liabilities of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at … recycling worksheets for kidsWebOct 5, 2024 · Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros. It was agreed thet the purchaas kleopatra asterix und obelixWebAug 27, 2024 · X Ltd. took over the assets of Rs. 6,60,000 and liabilities of Rs. 80,000 of Y Ltd. for Rs. 6,00,000. Give necessary journal entries in the books of X Ltd. assuming that: Case (a): The purchase consideration … recycling worksheets freeWeb(a) During 2006, the business of a sole trader was purchased by issuing shares for Rs. 2, 00,000. The assets acquired from him were: Goodwill Rs. 20,000, Machinery Rs. 1, 00,000, Stock Rs. 50,000 and Debtors Rs. 30,000. ADVERTISEMENTS: (b) Provision for tax charged in 2006 was Rs. 35,000. recycling workwearWebDec 16, 2024 · Hina Ltd. purchased assets of Harish Ltd. for Rs. 8,40,000 and took over the liabilities (creditors) of Rs. 80,000 for an agreed purchase consideration of Rs. … recycling word search printable