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it's urgent. can anyone help???? we be really great ful Question et Enter you BT The Balance sheet of Y Co. Las ce that stew
it's urgent. can anyone help???? we be really great ful
Question et Enter you BT The Balance sheet of Y Co. Las ce that stew Liabilities RS Assets Equity capital Share of Rs I ench) 3,00,000 Goodwill General reserve 80.00 Land Buildings Debrentures 50.000 Plant & Machines Creditons 10.OO Stock POL Ale 60,000 Debtors Cash 3.00,000 The consideration was as follows: 60.00 1,20.000 2.00.000 R0.000 30.000 10.000 5.00.000 a. A cash payment of Rs.4 for every share of Y Ltd. b. The issue of one share of Rs.10 each at market value of Rs. 12.50 in the X Co, Lid. foc every share in Y Ltd. c. The issue of 1.100 debentures of Rs.50 each in X Co. Ltd. to enable y Ltd. to discharge its debentures at a premium of 10% Total w d. The expenses of liquidation of Y Ltd. amounting to Rs.4,000 was to be met by themselves. Calculate Purchase Consideration and Pass journal entries in the books of Y LtdStep by Step Solution
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