llu6: X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of Y Ltd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. s Scanned with CamScanner

llu6: X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of Y Ltd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. s Scanned with CamScanner

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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