Question :- Amagamation of Partnership firms Following is the Balance sheet of CX \& Co. and DY \& Co. as on 31st March 2020. C ana x snare prorits and losses in the ratio of their capitals D and Y share profits equally CX \& Co. and DY \& Co agreed to amagamate their business on the following conditions to form a new firm called CD \& Co. from 1st April 2020 (a) Bullding was valued at Rs. 50,000 (b) Stock of both the firms to be appreciated by 10% (c) Goodwill of CX \& Co to be valued at Rs. 6,000 (d) Goodwill of DY \& Co to be valued at Rs. 15,000 (e) The remaining assets and liabilities to be taken at book value Prepare a Statement of Purchase Consideration from the above information Prepare the books of CX \& Co. and DY \& Co. to show the amalgamation