Bharat Lamp Ltd. Issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co: `{:("Plant"

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Bharat Lamp Ltd. Issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co: `{:("Plant"

Bharat Lamp Ltd. Issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co:
`{:("Plant","Rs. 7,00,000","Stock-in-Trade","Rs. 9,00,000"),("Land and Building","Rs.12,00,000","Sundry Creditors","Rs. 2,00,000"),(,,,):}`
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Salim Ahmed Kawsar · Answer 1 · Feb 05, 2023 15:29:48

Salim Ahmed Kawsar

Answered Feb 05, 2023

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Correct Answer - Goodwill-Rs. 4,00,000.

Bharat Lamp Ltd. Issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co: `{:("Plant"

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