Homework answers / question archive / The following are the liabilities and assets of Amrita Ltd   Liabilities   Assets   Share capital 60000 Goodwill 28000 Debentures 10000 Land & building 16000 Sundry creditors 6000 Plant & Machinery 28000 General reserve 4000 Stock 16000 Profit & Loss A/c 20000 Debtors 8000     Cash 2000     Preliminary expenses 2000 Total assets 100000 Totall liabilities and equity 100000         Bangalore Ltd takes over the business of Amrita Ltd

The following are the liabilities and assets of Amrita Ltd   Liabilities   Assets   Share capital 60000 Goodwill 28000 Debentures 10000 Land & building 16000 Sundry creditors 6000 Plant & Machinery 28000 General reserve 4000 Stock 16000 Profit & Loss A/c 20000 Debtors 8000     Cash 2000     Preliminary expenses 2000 Total assets 100000 Totall liabilities and equity 100000         Bangalore Ltd takes over the business of Amrita Ltd

Accounting

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