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Mohit Ltd took over assets of Rs 8,40,000 and liabilities of Rs 80,000 of Ram Ltd at an agreed value of Rs 7,20,000. Mohit Ltd paid to Ram Ltd by issue of 9% debentures of Rs 100 each at a premium of 20%.. What is the amount of Capital Reserve and No. of debentures to be issued to Ram Limited. *2 pointsMohit Ltd took over assets of Rs 8,40,000 and liabilities of Rs 80,000 of Ram Ltd at an agreed value of Rs 7,20,000. Mohit Ltd paid to Ram Ltd by issue of 9% debentures of Rs 100 each at a premium of 20%.. What is the amount of Capital Reserve and No. of debentures to be issued to Ram Limited. |
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Answer» Answer: Mohit Ltd took over ASSETS of Rs 8,40,000 and liabilities of Rs 80,000 of Ram Ltd at an agreed value of Rs 7,20,000. Mohit Ltd paid to Ram Ltd by issue of 9% DEBENTURES of Rs 100 each at a premium of 20%.. What is the amount of Capital Reserve and No. of debentures to be issued to Ram Limited. * 2 points Mohit Ltd took over assets of Rs 8,40,000 and liabilities of Rs 80,000 of Ram Ltd at an agreed value of Rs 7,20,000. Mohit Ltd paid to Ram Ltd by issue of 9% debentures of Rs 100 each at a premium of 20%.. What is the amount of Capital Reserve and No. of debentures to be issued to Ram Limited. |
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