King Ltd. took over assets of Rs 25,00,000 and liabilities of Rs 6,00,000 of Queen Ltd. King Ltd. Paid the purchase consideration by issuing 10,000 Equity Shares of Rs 100 each at a premium of `10%` and Rs 11,00,000 by Bank Draft. Calculate purchase consideration and pass necessary Journal entries in the books of King Ltd.

Exe Ltd. Took over assets of ₹ 7,00,000 and liabilities of ₹ 60,000 of Wyc Ltd. For the purchase consideration by issuing 9% Debentures of ₹ 100 each at 10% premium. Pass Journal entries in the books of Exe Ltd.

X Ltd. took over the following assets and liabilities of Y Ltd. : Land & Building Rs. 20,00,000, Stock Rs. 5,00,000, Sundry Debtors Rs. 2,50,000 and Sundry Creditors Rs. 2,00,000. X Ltd. paid purchase consideration by issuing Bank Draft of Rs. 16,00,000 and 50,000 Equity Shares of Rs. 20 each at 10% premium. Calculate purchase consideration ans pass journal entries in the books of X Ltd.

Satyam Ltd. invited applications for issuing 10,000 equity shares of Rs 100 each at a premium of Rs 20 per share. The whole amount was payable on application. The issue was fully subscribed. Pass necessary journal entries .

Madhur Ltd. took over the assets of Rs. 3,90,000 and Liabilities of Rs. 40,000 of Rasova Ltd. for a consideration of Rs. 4,00,000. 20% was paid by a cheque and the balance by issue of fully paid equity shares of Rs. 100 each at a premium of 60%. Show necessary journal entries for these transactions in the books of Mandhur Ltd.

Bright Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of star Ltd. For an agreed purchase consideration of ₹ 6,00,000 payable 10% in cash and the balance by the issue of 12 % Debentures of ₹ 100 each. Give necessary Journal entries in the books of Bright Ltd ., assuming that: Case(a): The debantures are issued at par. Case (b): The debentures are issued at 20% Premium. Case (c): The debentures are issued at 10% discount .

Shiva Ltd. issued 1,00,000 Equity Shares of Rs. 10 each at a permium of Rs. 5 per share. The whole amount was payable on application. The issue was fully subscribed . Pass necessary Journal entries.

Z Ltd. purchased furniture costing Rs. 2,20,000 from C.D. Ltd. The payment was to be made by issue of 9% Preference Shares of Rs. 100 each at a premium of Rs. 10 per share. Pass necessary Journal entries in the books of Z Ltd.