Accountancy, asked by loveleesachin, 10 months ago

Calculate the purchase consideration of Tania & Co. by applying net assets method with the
following information
Assets:
Building - Rs.20,000
Machinery - Rs. 45,000
Goodwill - Rs. 60,000
Bank - Rs. 10,000
Liabilities:
Creditors - Rs.6, 000
Bills Payable - Rs. 18,000

Answers

Answered by skumar51247

1

Answer:

net assets =assets -liabilities

net assets =20000+45000+60000+10000-6000-18000=111,000

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