Purchased the running business of Amit Kapoor for ` 39,000 with the following assets and liabilities:
Stock ` 25,000; Furniture ` 38,000; Creditors ` 30,000.Also Purchased the running business of Madhav for ` 75,000 with the following assets and liabilities:
Rent outstanding ` 7,000; Stock ` 33,000; Tools and Implements ` 80,000.answer this
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