Amrit Daily Needs acquired the business of Shri Shivam for a purchase consideration of Rs. 5,00,000 payable by cheque. The assets acquired and liabilities taken over are:
`{:("Assets":,,Rs.),("Furniture",," 10,000"),("Inventory",,"7,50,000"),("Debtors",,"1,50,000"):}:|{:("Liabilities":,,Rs.),("Creditors",,"5,20,000"),("Salaries Payable",," 75,000"),("Outstanding Expenses ",," 15,000"):}`

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.

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.

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.

Shri Suresh Gupta purchased a running business on 1st April, 2019 at an agreed value of Rs. 10,00,000. Following are the assets and liabilities taken over: Land and Building Rs. 4,00,000, Plant and Machinery Rs. 4,50,000, Furniture and Fixtures Rs. 1,50,000, Stock Rs. 3,50,000, Sundry Debtors Rs. 3,00,000, Sundry Creditors Rs. 2,50,000, Bills Payable Rs. 1,00,000, Bank Loan Rs. 3,00,000. Pass Journal entry to record the transactions.

Calculate debt-equity ratio from the following information: {:("Total Assets",,Rs. 15_(,)00_(,)000),("Current Liabilities",,Rs.6_(,)00_(,)000),("Total Debts",,Rs. 12_(,)00_(,)000):}