Accountancy, asked by anoopchoudhary0007, 7 months ago

A company took over assets worth rupees 100000 and liabilities of rupees 300000 for a purchase consideration of rupees 12 lakh rupees.
Bill payable of rupees 200000 accepted and remaining was paid by issuing shares at a premium of 25% on face value of rupees 100.
Calculate the amount credited to securities premium reserve account.

Answers

Answered by anjubp1234

Answer:

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