Sona Software Limited acquired Mona Hardware Limited for a cash consideration of 300 million The fair value of assets and liabilities taken over are as follows 1 Ascertain the value of goodwill to be recorded in the above transaction 2 How will the goodwill amount be treated in the books of Sona So...

To ascertain the value of goodwill and understand its treatment in the books of Sona Software Limite ...

Sona Software Limited acquired Mona Hardware Limited for a cash consideration of 300 million. The fair

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Sona Software Limited acquired Mona Hardware Limited for a cash consideration of ₹ 300 million. The fair value of assets and liabilities taken over are as follows:

Particulars Assets Cash and bank balance Land and building Plant and machinery Trade receivables Other assets

1. Ascertain the value of goodwill to be recorded in the above transaction.

2. How will the goodwill amount be treated in the books of Sona Software Limited?

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Financial Accounting For Managers

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Question Posted: Dec 05, 2023 03:03 AM

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Sona Software Limited acquired Mona Hardware Limited for a cash consideration of 300 million. The fair

Question:

Particulars Assets Cash and bank balance Land and building Plant and machinery Trade receivables Other assets Liabilities Trade payables Other liabilities (in Million) 11.10 97.25 105.20 66.45 26.50 44.25 12.85

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Financial Accounting For Managers

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