Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

A company with total assets amounting to Rs. 15,00,000 (including Goodwill Rs. 1,50,000 discount on issue of shares Rs. 2,00,000 and accumulated loss Rs. 2,00,000) and the total liabilities amounting to Rs. 2,20,000 (including a contingent liability of Rs. 40,000) has been taken over by a new company for a purchase consideration of Rs. 11,50,000. the Goodwill a/c in the vendee company's books will appear at:

Select the correct option to test your answer:

More Commerce Questions

The purpose of an office is to furnish essential services to the ___________. Positive perfect correlation is In a demand schedule, quantity demanded In which of the following year the introduction of Mutual Funds in India took place? When a company uses debt fund in its financial structure, it will lead to a change in