Bharat Lamp Ltd. Issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co:
`{:("Plant","Rs. 7,00,000","Stock-in-Trade","Rs. 9,00,000"),("Land and Building","Rs.12,00,000","Sundry Creditors","Rs. 2,00,000"),(,,,):}`
You are required to pass necessary Journal entries.

Sure Ltd. purchased a running business from M/s. Rai Brothers for a sum of Rs. 15,00,000 payable Rs. 12,00,000 in fully paid shares of Rs. 10 each and balance through cheque. The assets and liabilities consisted of the following: {:("Plant and Machinery ","Rs. 4,00,000","Stock","Rs. 4,00,000"),("Building","Rs. 4,00,000","Cash","Rs. 3,00,000"),("Sundry Debtors","Rs. 3,00,000","Sundry Creditors","Rs. 2,00,000"),(,,,):} You are required to pass necessary Journal entries in the company's books.

Tagore Ltd. purchased a running business from Tulsi Bros. for a sum of Rs. 48,00,000 payable by the issue of fully paid equity shares of Rs. 20 each at a premium of 20%. The assets and liabilities consisted of the following : {:(,"Rs."),("Plant nd Machinery","25,00,000"),("Stock","15,00,000"),("Sundry Debtors","15,00,000"),("Sundry Creditors","3,00,000"):} Pass the necessary journal entries in the books of Tagore Ltd.

Nikhil Ltd. purchased a running business from Sonia Ltd. for a sum of Rs. 22,00,000 by issuing 20,000 fully paid equity shares of Rs. 100 each at a premium of 10%. The assets and liabilities consisted of the following : Machinery Rs. 7,00,000, Debtors Rs. 2,50,000, Stock Rs. 5,00,000, Building Rs. 11,50,000 and Bills Payable Rs. 2,50,000. Pass necessary Journal entries in the books of Nikhil Ltd. for the above transactions.

X Ltd. purchased a running business from Y Ltd. For a sum of Rs 30,00,000 payable 40% by cheque and the balance by the issue of fully paid equity shares of Rs 100 each at a premium of 20% . The assets and liabilities consisted of the following : {:(,"Rs",,,"Rs"),("Building","12,00,000"," ","Sundry Debtors","4,30,000"),("Plant and Machinery","8,00,000"," ","Cash","90,000"),("Stock","5,00,000"," ","Sundry Creditors","2,00,000"):} Pass the necessary Journal entries in the books of X Ltd.

Pass necessary journal entries for the following transactions in the books of Gopal Ltd. : (i) Purchased furniture for Rs. 2,50,000 from M/s Furniture Mart. The payment to M/s Furniture Mart was made by issuing equity shares of Rs. 10 each at a premium of 25%. (ii) Purchased a running business from Aman Ltd. for a sum of Rs. 15,00,000. The payment of Rs. 12,00,000 was made by issue of fully paid equity shares of Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following : Plant Rs. 3,50,000, Stock Rs. 4,50,000, Land and Building Rs. 6,00,000, Sundry Creditors Rs. 1,00,000.

Pass necessary Journal entries for the following transactions in the books of Gopal Ltd.: (i) Purchased furniture for Rs. 2,50,000 from M/s. Furniture Mart. The payment to M/s. Furniture Mart was made by issuing equity shares of Rs. 10 each at a premium of 25%. (ii) Purchased a running business from Aman Ltd. for a sum of Rs. 15,00,000. The payment of Rs. 12,00,000 was made by issue of fully paid equity shares of Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following: Plant Rs. 3,50,000, Stock Rs. 4,50,000, Land and Building Rs. 6,00,000, Sundary Creditors Rs. 1,00,000.

(Issue of Shares for Purchase of Business). Rajan Ltd. purchased a running business from Vikas Ltd. For a sum of Rs. 2,50,000 payable as Rs. 2,20,000 in fully paid equity shares of Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following: Plant and Machinery Rs. 90,000, Building Rs. 90,000, Sundry Debtors Rs. 30,000, Stock Rs. 50,000, Cash Rs. 20,000, Sundry Creditors Rs. 20,000. Journalise the above transactions.