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Posted inAccountancy Class 12 General

Rama Ltd. took over following assets and liabilities

23 :- Rama Ltd. took over following assets and liabilities of Krishna Ltd. on 1st April, 2019:Land and Building ₹ 50,00,000Furniture ₹ 10,00,000Stock ₹ 5,00,000Creditors ₹ 7,00,000The purchase consideration of…
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Posted inAccountancy Class 12 General

The authorised capital of Sarang Ltd. is Rs 1,20,00,000

33 :- The authorised capital of Sarang Ltd. is Rs 1,20,00,000 divided into 12,00,000 shares of Rs 10 each. Out of these, company issued 8,00,000 shares of Rs 10 each…
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Posted inAccountancy Class 12 General

Santoor Ltd. Purchased running business from Sanchar Ltd.

48 :- Santoor Ltd. Purchased running business from Sanchar Ltd. For Rs 15,00,000 payable 10% by cheque and the balance by the issue of fully paid Equity Shares of Rs…
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