18/(Share fraction). The respectively, divided int 7 hess of B Ltd. the cons Hon). The share capital of A Ltd. and B Ltd. is 10,00,000 and 33,50,000 divided into shares of 10 each. A Ltd. agreed to take over the busi- Ltd. the consideration being the issue of shares of 10 each on the basis of 5 shares (valued at 14 per share) for every 7 held in B Ltd. The who share capital consists of shareholding in exact multiple of 7 except the holdings : X30, Y-50 and Z-60. It was agreed that A Ltd. will pay fractional shares equivalent at 14 per full share. Prepare a statement the consideration for amalgamation receivable in shares and cash. s. [Consideration for amalgamation * 3,50,000 including cash 28] 2. The whole of ept the follow I will pay cash atement showing