The following are the balance sheets of A and B as on 31st March, 2010: Goodwill of

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The following are the balance sheets of A and B as on 31st March, 2010:

Liabilities Equity shares 100 each Reserves 8% Debentures Sundry Creditors Balance Sheet as on 31st March,

Goodwill of A and B is to be valued at ₹60,000 and ₹20,000, respectively. A purchased B on the basis of intrinsic value of shares. Show accounts in the books of B and post amalgamation balance sheet in the books of A.

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Financial Accounting

ISBN: 9780071078023

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Authors: Dhanesh K. Khatri

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Question Posted: Dec 19, 2023 05:50 AM

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The following are the balance sheets of A and B as on 31st March, 2010: Goodwill of

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Here A has issued 1300 shares of face value 100 each at a premi...View the full answer

Financial Accounting

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