Question

4.
3 marks
Akash Ltd took over the assets of
3,90,000 and liabilities of 340,000 of Suhani
Ltd. for a consideration of 4,00,000. 20%
was paid by cheque and balance by issue
of fully paid Equity shares of 100 each at
a premium of 60%. Show the necessary
journal entries for these transactions in the
books of Akash Ltd.
Subjective​

Answer 1

Answer:

cash in hand is 8,000 cash at indian bank : 215.000 stock of firished good rs 20.000 furniture and filtings r 4,000, fard & buldings 110.000, vinay rs 9. too masu.rs 1500. aswin : 2,000, apuradha : rs1,800 and seenu rs too credit balances barclays down as: 10.000 creacitors - anand :r, 5400 , ayan : rs. 1700 thieannamalai r$5200 april 1 purschared good worth rs 5000 loss 20% trade discount and of cash discount

Results in English

हाथ में नकदी aswin 2000 apuradha 800 और rs1 भारतीय बैंक में 8000 नकद firished अच्छा रु 20.000 फर्नीचर और filtings r 4000 fard और buldings 110.000 विनय रु 9 भी masu रु 1500 की 215.000 स्टॉक है सीनु

हिन्दी में नतीजे

"rs" (and any subsequent words) was ignored because we limit queries to 32 words.

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Answer 2

Answer:

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Goodwill Rs. 50,000, Number of shares issued 2,000.