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llu6: X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of Y Ltd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. s Scanned with CamScanner

llu6: X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of Y Ltd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. s Scanned with CamScanner

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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I llu6 : X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of YLtd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. CS Scanned with CamScanner
Transcribed Image Text:I llu6 : X Ltd, sells its assets to Y Ltd. for Rs.3,00,000 payable as to Rs.1,20,000 in cash and as to Rs.1,80,000 by the allotment of 12,000 equity shares of Rs.20 each of YLtd at Rs.15 per share paid up to the shareholders of X Ltd. Give necessary journal entries for recording the purchase consideration in the books of X Ltd. and Y Ltd. CS Scanned with CamScanner
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