The consideration was settled as follows: Cash payment, Issue of 100 000 shares to the seller Issue of debentures to the seller R 1000 000 650 000 450 000 egal and other costs incurred in relation to the acquisition of the shares in relation to Bramely Ltd amounted to R126 000. Costs to issue the shares and the debentures mounted to R89 000 and R77 500 respectively.

The consideration was settled as follows: Cash payment, Issue of 100 000 shares to the seller Issue of debentures to the seller R 1000 000 650 000 450 000 egal and other costs incurred in relation to the acquisition of the shares in relation to Bramely Ltd amounted to R126 000. Costs to issue the shares and the debentures mounted to R89 000 and R77 500 respectively.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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