CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Brokerage & GST

G Ltd. Acquir...

Question

G Ltd. Acquired assets worth Rs. $75, 000$ from H Ltd. By issue of share of Rs. $10$ at a premium of Rs. $5$ . The number of shares to be issued by G Ltd. To settle the purchase consideration _________.

A

6, 000

shares

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

7, 500

shares

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

9, 375

shares

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

5, 000

shares

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D $5, 000$ shares
Worth of the Assets = 75,000
Share issue price = 10+5 = 15
Number of shares to be issued = 75,000/15 = 5000 shares.

Suggest Corrections

thumbs-up

0

Similar questions

Q. G Ltd. acquired assets worth Rs.

7, 50, 000

from H Ltd. by issue of shares of Rs.

100

at a premium of

25 %

. The number of shares to be issued by G Ltd. to settle the purchased consideration will be _____________.

Q. A Ltd, Acquired, assets worth Rs.

15, 00, 000

form H Ltd. By issue of shares of Rs.

100

@

25% premium issued to settle the purchase consideration will be __________.

Q. S Ltd. acquired fixed assets worth Rs. 15,00,000 by issued 100 shares of Rs. 10 each at a premium of 25%. Number of shares to be issued by S Ltd. to settle the purchase consideration will be _______.

Q. A Ltd. Acquired assets worth Rs.

11, 25, 000

from B. Ltd. by issue of equality shares of Rs.

100

25 %

. The number of shares to be issued by A Ltd, for the purchase consideration.

Q. R Ltd. purchased the business of C Ltd. For Rs.2,70,000 payable in fully paid shares. R Ltd. allocated equity shares of Rs. 10 each fully paid in satisfaction of the claim by C Ltd. Such shares are issued at premium of 20%. Number of shares to be issued by R Ltd. to settle the purchase consideration will be _____.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Sum invested , Rate of return , Brokerage and GST

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Brokerage & GST

Standard X Mathematics

Join BYJU'S Learning Program

CrossIcon