Bijal & co. decided amalgamate with Soham & co. the assets of Soham & co. were rs 3,20,100 out of which there was a cash balance of rs 35,000 there was also a loan of rs. 12,000 and was decided to pay this loan before amalagation. Calculate the amout of net assets taken over
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Answer:
assets of sohan co. 320100
loan = 12000
net assets = 320100-12000
=308100
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