h
Liabilities 2008 2009
Assets
2008
Equity share
Oood will
3000 4.000
capital
40.000 49,000 Plent and machinery
40.000 62000
Profit and loss alc 2.000 14,000 Investment
20.000
General reserve
8,000 17,000 Stock
25.000
10% debentures 10,000 20.000 Cash and bank 20.000 30 000
Creditors
43,000 40,000 Preliminary expenses
5.000
Proposed dividend 8,000 10,000 Discount on issue
Unclaimed dividend
2,000 5,000 of shares
1.13,000 1,55,000
1.13.000 155.000
Additional information:
(a) Depreciation on machinery for the year 2009 amounted to Rs. 7000
(b) In 2009, the company acquired some assets and liabilities from Zuid For
Rs 13,000 and paid the purchase consideration by fully paid equity shares
of the company of Rs. 9,000 and the balance paid in cash. Assets and
liabilities acquired from Z Ltd. were Goodwill Rs. 3,000, Machinery
Rs. 8,000, Stock Rs. 7000, and creditors Rs.5000,
(c) Dividend on investment of Rs. 5,000 received during 2009, which included
pre-acquisition dividend of Rs. 2,000,
(d) Debentures were issued at discount of 10% and debenture of Rs. 1,200 was
paid during 2009,
(e) Stock on 31 December 2008 of Rs. 25,000 was valued at 20% below cost
but stock on 31" December 2009 of Rs. 28,000 was correctly valued at cost
Answers
Answered by
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Explanation:
21x414x² + 7x
7x²
1
= 3x² −2+
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