Discussion Forum : Accounting For Share Capital
Question -
DG Ltd Purchased assets of Rs 2,50,000 from VG Ltd . DG Ltd issued equity shares of Rs 50 each fully paid in consideration. Calculate the no of shares issued.
Answer: Option D
:
D
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:
D
Number of shares issued = Purchase consideration /Value per share
Number of shares issued = 2,50,000/50
Number of shares issued = 5,000
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