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Madhur Ltd. took over the assets of Rs. ...

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.

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Goodwill Rs. 50,000, Number of shares issued 2,000.
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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -PRACTICAL QUESTIONS
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  2. X Ltd. took over the following assets and liabilities of Y Ltd. : La...

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  3. Madhur Ltd. took over the assets of Rs. 3,90,000 and Liabilities of Rs...

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  4. X Ltd. issued 20,000, 7% Preference shares of Rs. 100 each at a premiu...

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  12. A Company invited applications for 5,000 shares of Rs. 100 each. The a...

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  13. On October 1, 2018 X Ltd. offered 1,00,000 shares of Rs. 10 each payab...

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  14. X Ltd. was registerd with an authorised capital of 2,00,000 shares of ...

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  15. Alfa Ltd. issued 5,000 shares of Rs. 100 each at par. The amount payqa...

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  16. Dinesh Ltd. issued 5,000 shares of Rs. 100 each at par, payable as fo...

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  17. Fast Food Ltd. issued a propspectus offering 10,000 equity shares of R...

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  19. W Ltd. issued 10,000 shares of Rs. 100 each. During the year only Rs. ...

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