Management Accounting Test Questions

Q.  The share capital of A Ltd. stood at Rs 20,00,000 in 2013 and at Rs 26 lac in 2014. As per records, the company bought asset of another company for Rs 6 lac payable in fully paid shares. These assets included Goodwill Rs 2,00,000 Machinery Rs 1,83,600 and Stock Rs 2,16,400. What is the fund from issue of shares?

a. Rs 2,15,600
b. Rs 2,16,400
c. Rs 2,00,000
d. None of the above


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