Q.

If the Assets of A ltd having Book Value of Rs 10,00,000 are taken over at Rs 15,00,000 and Liabilities having a book value of Rs 5,00,000 are taken over at Rs 4,00,000 than Purchase Consideration payable would be

A. (a) Rs 5,00,000
B. (b) Rs 11,00,000
C. (c ) 6,00,000
D. (d) Rs 10,00,000
Answer» B. (b) Rs 11,00,000
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