A company purchased assets of the value of Rs.1,90,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000,
A company purchased assets of the value of Rs.1,90,000 from another company and agreed to make the payment of purchase consideration by issuing 2,000,10% debentures of Rs.100 each at a discount of 5%. Record necessary journal entries.
**Journal Entries**

![](https://www.sarthaks.com/?qa=blob&qa_blobid=17748617086734818890)
journal entriesin the books of ny ltd. date particulars l.f. debit rs credit rs bank a/c dr. to share application and allotment a/c (being share application and allotment received on 2,70,000 of rs 10 each including the discount of rs 5 each ) 27,00,00 27,00,000 share application and allotment a/c dr. to share capital a/c to securities premium a/c to bank a/c to share first and final call a/c (being share application of 90,000 shares transferred to share capital, share application and allotment on 90,000 shares refunded and rest is adjusted on share first and final call) 27,00,000 4,50,000 4,50,000 9,00,000 9,00,000 share first and final call a/c dr. to share capital a/c (being share first and final call due on 90,000 shares of rs 5 each) 4,50,000 4,50,000 computation table category shareapplied shareallotted moneyreceived onapplicationandallotment@ rs 10 eachincludingdiscount of rs 5 each moneytransfersto sharecapital @rs 5 each moneytransfer tosecuritiespremium@rs 5 each excessapplicationandallotmentmoney share firstand finalcall due@rs 5 each moneyrefunded i 90,000 nil 9,00,000 9,00,000 ii 1,80,000 90,000 18,00,000 4,50,000 4,50,000 9,00,000 4,50,000 2,70,000 90,000 27,00,000 4,50,000 4,50,000 9,00,000 4,50,000 9,00,000 working note: those who applied for 1,80,000 shares, allotted = 90,000 shares those who applied for 600 shares, allotted = `90000 xx 1800/180000`= 900 shares share application and allotment received on 1,800 shares of rs 10 each (including discount of rs 5 each) = rs 18,000 shares allotted (900 ×10) =rs 9, excess application and allotment money received = rs 9,000 share first and final call due on 900 shares of its rs 5 each = rs 4,500 excess application and allotment money received = rs 9,000 now, he has already paid an amount of its rs 9,000 in excess at the time of application and allotment which is more than the amount due from him at the time of share final call. thus, forfeiture is not possible in this case. answer: (3) recognition of costs associated with the acquisition of the fixed assets on the income statement. none of the costs associated with the acquisition of the fixed assets (mowing equipment and truck) have been recognized as expenses on the income statement.the fixed assets of the business provide benefits to the company and its users over its economic lite. depreciation allocates the cost of long-term fixed assets to expense over its useful/ economic lite. the benefit provided by the company during the period should be recognized as an expense in that period.the recognition of depreciation expense on the income statement will result in reducing the net income. please find the attached solution in doc file. it just means to treat something as an expense. for a very simple example, let's say your business made $1,000 in sales for the year. if your only expense for the year was $400 of supplies that you 'write-off' then your net profit is $600. sometimes people refer to a write-off when they are expensing something through their business that they actually bought for personal use, which is not allowed under irs regulations. column a answer (1) no-new company is formed. (c) absorption (2) 'goodwill or capital reserv (a) purchase method. (3) scheme of amalgamation (d) reqires approval of high court (4) transferer company (e) to be liquidated (5) profit on realisation (b) transferred to realisation a/c "a loan disbursement is an amount of money given to you when you finance the car.

if you received an additional ""principal disbursement,"" that usually means you refinanced the vehicle and took out some extra equity on top.

sometimes, if you switch your [car insurance](https://getjerry.com/car-insurance) to something less than full coverage or if you let your coverage lapse, the lender may add force-placed insurance to your loan and add the cost of the policy to the principal.

if you didn't do either of these, you'll need to call your lender to find out what the story is." price elasticity of demand is -3price is rs 10quantity is 100 unitschange in price is 50%ed = p/q *change in q/change in p-3 = 10/100 * change in q / 50-3 = change in q/500change in q = 500*3 = 1500 Hi


In **consulting interviews** you may have **two types of M&A cases:**


1. Commercial due-diligence of the target company
2. Synergies calculation of two merging companies


There are **two ways to identify the exact type of a case:**


* The interviewer will tell you
* In the beginning, while asking clarifying questions you ask what is the objective and if we have any other company in the portfolio that can have potential synergies


**1. For commercial DD** you can use the following structure:


**Market**


* Size
* Growth rates
* Profitability
* Segments
* Distribution channels


**Competition**


* Market shares of competitors and their segments (see the next point)
* Concentration / fragmentation (Fragmented market with lots of small players is less mature and easier to enter from a scratch. Concentrated market is hard to enter but has potential acquisition targets)
* Unit economics of the players (Margins, relative cost position)
* Key capabilities of the players (e.g. suppliers, assets, IP, etc)


**Company** 


* Unit economics (Margins, costs) in current or target markets
* Brand
* Product mix
* Key capabilities


**Feasibility of exit**:


* Exit multiples
* Exit time
* Existence of buyers


**2. For Synergies Calculation** you can use the following structure:


1. **Revenue synergies** - here you calculate the synergies in price and quantity (depending on the case it may be new geographies, new products, new distribution channels, bigger share on shelves crosselling opportunities, etc.)
2. **Cost synergies** - typically you use a value chain structure tailored to the industry (e.g. supply-production-distribution-marketing-after sales support)
3. **Risks** - major risks that can decrease the synergies (tip: don't underestimate the merging companies culture factor)
4. **Total synergies potential** in $, adjusted by risk (probability of failure)


**In private equity interviews,** the cases will be much more detailed in financial part. Depending on the company you'll need to:


* Find the relevant information in P&L and Balance sheet
* Do the simplified valuation using NPV: calculate cash flows and make assumptions about growth rate and discount rate
* Do the valuation using comps - you'll have to explain which comps you will use and why


Good luck! a statutory corporation is formed by passing a special act of parliament or state legislature. example: airports authority of india. following are the features of such an enterprise:* it is formed by a special act by the parliament or state legislature which defines its power and functions.
* it has a separate legal entity.
* the board of directors are nominated or appointed by the government.
* capital is either borrowed from the government or the public.
* free from government accounting and audit control.
* autonomy in framing policies within the limits of the state legislature.
* ease of operations and quick decisions can be taken due to less interference of government.
* provides better services than governmental organisations which in turn helps in increasing profit for the corporation. alaska medicare plan a has premiums that range $29 - $126, the part a deductible is $2,370.00 and the part b deductible is $0.00. the sensex is related with the value of a few selected companies. the number of companies it comprises of is \_\_\_\_\_\_\_\_.