Question

madhur ltd took over the assts of 390000 and liabilities of 40000 of rasova ltd for a consideration of 400000 . 20% was paid by a cheak and the balance by issue of fully paid eqity share of 100 each at a premium of 60% . show necessary journal entries for these transactions in the books of madhur ltd

Answer 1

Answer:

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Explanation:

jkouhghhhjjffcdrvvhujimolpjmjubbgtfvrdccssxawaxe