Numerical - Calculate fund from issue of shares

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?
- Published on 14 Sep 15

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

ANSWER: Rs 2,16,400

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