Question

H & Co. and G & Co. decided to amalgamate
and form a new firm called HG & Co. Assets
of H & Co. and G & Co. were Rs. 1,00,000 &
Rs. 2,00,000 respectively. The liabilities of H &
Co. and G & Co. were Rs. 50,000 & Rs. 75,000
respectively. Caculate the amount of
purchase consideration in each of the case.​

Answer 1

Answer:

purchase consideration = asset - liability

H co. = 100000-50000

=50000

G co. = 200000-75000

=125000