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n closing bank balance which will appear in the Balance Sheet of X2 7. (After absorption of Y Ltd.). Illustration 10. X Ltd. agreed to
n closing bank balance which will appear in the Balance Sheet of X2 7. (After absorption of Y Ltd.). Illustration 10. X Ltd. agreed to takeover Y Ltd, as on 1 October, 2018. No Balance Sheet of Y Ltd. was prepared on that date: Summarised Balance Sheets of X Ltd. and Y Ltd. as at 31st March, 2018 were as follows: Liabilities X Ltd (
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