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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 5 · Set 2 · Q2

Kew al Ltd. purchased sundry assets from Ganpati Ltd. for ₹ 28,60,000. The amount was paid by issuing fully paid shares of ₹ 100 each issued at a…

Kew al Ltd. purchased sundry assets from Ganpati Ltd. for ₹ $\displaystyle 28,60$,000. The amount was paid by issuing fully paid shares of ₹ $\displaystyle 100$ each issued at a premium of $\displaystyle 10$%. The number of shares issued to Ganpati Ltd. were :
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