Question
XYA Ltd. purchased a plant of Rs. 60,000 from PQR Ltd. The company paid Rs. 15000 in cash and agreed to allottee sufficient number
XYA Ltd. purchased a plant of Rs. 60,000 from PQR Ltd. The company paid Rs. 15000 in cash and agreed to allottee sufficient number of equity shares of Rs. 10 each at a discount of 10%. Find the number of shares to be allotted to PQR Ltd.
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
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