Ch: Accounting for Integrated companies The following are t

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Ch: Accounting for Integrated companies The following are the… Ch: Accounting for Integrated companiesThe following are the liabilities and assets of Amrita Ltd Liabilities Assets Share capital 60000Goodwill 28000Debentures 10000Land & building 16000Sundry creditors 6000Plant & Machinery 28000General reserve 4000Stock 16000Profit & Loss A/c20000Debtors 8000 Cash 2000 Preliminary expenses2000Total assets100000Totall liabilities and equity100000 Bangalore Ltd takes over the business of Amrita Ltd. the value agreed for various assets and liabilities are: Goodwill32000 Land & Building 35000 Plant and Machinery 34000 Stock23000 Debtors8000 Debentures10000 sundry creditors 6000 Requirement: Calculate the purchase consideration and do the necessary entries in the books of Bangalore LtdCh: Accounting for Integrated companiesWhat new did you learned from this chapter?What is the most important thing you take away from this chapter?What skills did You learn from this Chapter?How can you apply what you learned from this chapter to your life?How can this chapter help you in your professional life?How do you apply what you learned from this chapter?Give us an example of an exercise that has solved in this chapter? Accounting Business Financial Accounting ACCOUNTING 102

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