Question

Purchase Consideration is Rs. 4,50,000 payable in
40,000 equity shares of Rs. 10 each fully paid and
Remaining will be paid in Cash Rs:​

Answer 1

Answer:

50,000

Explanation:

Purchase consideration = ₹ 4,50,000

Total equity = ₹ 40,000

Per price if share = ₹ 10

Total price consideration = 40,000 x 10

= ₹ 4,00,000

Cash = Purchase - equity shares

= 4,50,000 - 4,00,000

= ₹ 50,000