Exe ltd purchased assets

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August undefined, 2024

WebExe Ltd. acquires 70% of equity shares of Zed Ltd. as on 31st March, 20x1 at a cost of 770 lakhs. The following information is available from the balance sheet of Zed Ltd. as on … WebApr 20, 2024 · Exe. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over the liabilities of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at Rs. 3,80,000, be paid by issuing debentures of Rs. 100 each. What Journal entries will be made in the following three cases if debentures are issued. (a) at par

Issue of Debenture PDF Loans Bonds (Finance) - Scribd

WebAug 9, 2024 · Wye Ltd. purchased an established business for Rs.2,00,000 payable as Rs.65,000 by cheque and the balance by an issue of 9% Debentures of Rs.100 each at a discount of 10%. Give Journal entries in … WebQuestion 1 Exe Limited was wound up on 31.3.2004 and its Balance Sheet as on that date was given below: Balance Sheet of Exe Limited as on 31.3.2004 Liabilities ` Assets Share capital: Fixed assets 9,64,000 1,20,000 Equity shares of`10 each 12,00,000Current assets: Stock 7,75,000 Reserves and surplus: Sundry debtors 1,60,000 Profit prior … green mountain brisket recipe

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WebExe. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over theliabilities of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at Rs. 3,80,000, be paid by issuing debentures of Rs. 100 each.What Journal entries will be made in the following three cases if debentures are issued. WebAug 27, 2024 · Exe Ltd. purchased the assets of the book value Rs.4,00,000 and took over the liabilities of Rs. 50,000 from Mohan Bros.It was agreed that the purchase … flying tiger phone case

Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took …

Exe Ltd. purchased the assets of the book value …

WebPurchases Consideration is the amount agreed to be paid for taking over the business from another enterprise. Purchases consideration may be given in the question; otherwise it … WebMar 17, 2024 · B. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over the liability of Rs. 50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at Rs. 3,80,000, be paid by issuing debentures of Rs. 100 each. flying tiger paint schemesWebJul 1, 2024 · Exe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration, settled at ₹ 3,80,000 be paid by issuing … green mountain builders florida

"WebX Ltd. purchased assets of Y ltd. as under. Plant and Machinery Rs. 8,00,000 Land and Building Rs. 72,00,000. The purchase consideration was Rs. 80,00,000. Rs 20,00,000 … " - Exe ltd purchased assets

Exe ltd purchased assets

Hina Ltd. purchased assets of Harish Ltd. for Rs. 8,40,000 …

WebAug 27, 2024 · X Ltd. took over the assets of Rs. 6,60,000 and liabilities of Rs. 80,000 of Y Ltd. for Rs. 6,00,000. Give necessary journal entries in the books of X Ltd. assuming that: Case (a): The purchase consideration … WebExe Ltd. purchased assets of the book value of Rs.4,00,000 and took over the liabilities of Rs.50,000 from Mohan Bros. It was agreed that the purchase consideration, settled at …

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WebExe Ltd. purchased assets of the book value 4,00,000 and took over the liabilities of 50,000 from Mohan Bros It was agreed that the purchase consideration, settled at … WebExe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros.It was agreed that the purchase consideration ,settled at ₹3,80,000 be paid by issuing debentures of ₹ 100 each. (c) at a premium of 10%.

Web(a) During 2006, the business of a sole trader was purchased by issuing shares for Rs. 2, 00,000. The assets acquired from him were: Goodwill Rs. 20,000, Machinery Rs. 1, 00,000, Stock Rs. 50,000 and Debtors Rs. 30,000. ADVERTISEMENTS: (b) Provision for tax charged in 2006 was Rs. 35,000. WebOct 3, 2024 · closed Dec 12, 2024 by Riteshsingh Exe Ltd. Took over assets of â‚¹ 7,00,000 and liabilities of â‚¹ 60,000 of Wyc Ltd. For the purchase consideration by issuing 9% …

WebMar 29, 2024 · Exe Ltd. Purchased assets of the books value ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros. It was agreed thet the purchaase consideration, settled at ₹ 3,80,000, be paid... WebOct 3, 2024 · Exe Ltd. Purchased assets of â‚¹ 8,40,000 and took over liabilities of â‚¹ 80,000 of Whe Ltd. at a value of â‚¹ 7,20,000. Exe Ltd. Issued 10% Debentures of â‚¹ …

WebNov 10, 2024 · Exe. Ltd. Purchased asset of the book value of Rs.4, 00,000. And took over the liabilities of Rs.50, 000. From Mohan bros. It was agreed that the 16 A dissolved firm provides the following information: Partner's Mrs Loan 25,000; Creditors 75,000; Partners capital 1,80,000 and cash balance

WebThe following information is available from the balance sheet of Zed Ltd. as on 31st March, 20X1: `in lakhs Property, plant and equipment 120 Investments 55 Current Assets 70 Loans & Advances 15 15% Debentures 90 Current Liabilities 50 The following revaluations have been agreed upon (not included in the above figures): Property, plant and … green mountain builders bonita springs flWebExe Ltd. Purchased assets of ₹ 8,40,000 and took over liabilities of ₹ 80,000 of Whe Ltd. at a value of ₹ 7,20,000. Exe Ltd. Issued 10% Debentures of ₹ 100 e... flying tiger paintworkWebExe Ltd. Purchased assets of the books value ₹ 4,00,000 and took over the liabilities of ₹ 50,000 from Mohan Bros. It was agreed thet the purchaase consideration, settled at ₹ … flying tiger productsWebOct 5, 2024 · Exe Ltd. Purchased assets of the books value â‚¹ 4,00,000 and took over the liabilities of â‚¹ 50,000 from Mohan Bros. It was agreed thet the purchaas flying tiger plymouthWebExe Ltd. purchased the assets of the book value ₹4,00,000 and took over the liabilities of ₹50,000 from Mohan Bros.It was agreed that the purchase consideration ,settled at ₹3,80,000 be paid by issuing debentures of ₹100 each. Pass journal entries if debenture are issued: (a) at par (b) at a discount of 10% and (c) at a premium of 10%. green mountain business account loginWebDec 16, 2024 · Hina Ltd. purchased assets of Harish Ltd. for Rs. 8,40,000 and took over the liabilities (creditors) of Rs. 80,000 for an agreed purchase consideration of Rs. … green mountain budget contactWebApr 20, 2024 · Exe. Ltd. purchased assets of the book value of Rs. 4,00,000 and took over the liabilities of Rs. 50,000 from Mohan Bros. It was agreed that the purchase … green mountain business