- 05/19/2019 at 4:54 am #899294EduGorillaKeymasterSelect Question Language :
A company purchased a running business from Mahesh for a sum of ₹150,000 payable as ₹120000 in fully paid equity shares of ₹10 each and balance in cash. The assets and liabilities consisted of the following Plant and Machinery ₹40000 Stock ₹50000 Building ₹40000 Cash ₹20000 Sundry debtors ₹30000 Sundry creditors ₹20000.Calculate capital reserve.
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