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

Question

Quizplus · Accepted Answer

The Purchase Consideration is calculated as the takeover value of assets minus the takeover value of liabilities. Here, it's Rs 15,00,000 (assets taken over value) - Rs 4,00,000 (liabilities taken over value) = Rs 11,00,000.

If the Assets of a Ltd Having Book Value of Rs