A Ltd. purchased business of A & Co., and agreed to settle purchase consideration by the allotment
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A Ltd. purchased business of A & Co., and agreed to settle purchase consideration by the allotment of:
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2,000 Equity shares of 10 each at 10% premium to partners. 1,000 10% Debentures of 100 each at par for loan creditors, and *1,00,000 in cash to partners. Calculate purchase consideration.
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The purchase consideration is the total value that A Ltd has agreed to pay in order to acquire the b...View the full answer
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