llu.7: Company B takes over the business of a company A. The value agreed upon for various assets taken over is Rs.1,84,000. B company also agreed to assume the liability of A company at a value of Rs.20,000. What is the purchase consideration? Cs Scanned with CamScanner

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
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Illu.7 : Company B takes over the business of a company A. The value agreed
upon for various assets taken over is Rs.1,84,000. B company also agreed to assume the
liability of A company at a value of Rs.20,000. What is the purchase consideration?
CS Scanned with CamScanner
Transcribed Image Text:Illu.7 : Company B takes over the business of a company A. The value agreed upon for various assets taken over is Rs.1,84,000. B company also agreed to assume the liability of A company at a value of Rs.20,000. What is the purchase consideration? CS Scanned with CamScanner
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