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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares of Rs.10 each at a premium of  Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration will be
  • a)
    6,000 shares
  • b)
    7,500 shares
  • c)
    9,375 shares
  • d)
    5,000 shares
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares...
Calculation of number of shares to be issued:

To calculate the number of shares to be issued by G Ltd. to settle the purchase consideration, we need to divide the total value of assets acquired by the issue price per share.

Total value of assets acquired = Rs. 75,000
Issue price per share = Face value + Premium = Rs. 10 + Rs. 5 = Rs. 15

Number of shares to be issued = Total value of assets acquired / Issue price per share

Number of shares to be issued = Rs. 75,000 / Rs. 15 = 5,000 shares

Therefore, the correct answer is option 'D' - 5,000 shares.
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G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares of Rs.10 each at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration will bea)6,000 sharesb)7,500 sharesc)9,375 sharesd)5,000 sharesCorrect answer is option 'D'. Can you explain this answer?
Question Description
G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares of Rs.10 each at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration will bea)6,000 sharesb)7,500 sharesc)9,375 sharesd)5,000 sharesCorrect answer is option 'D'. Can you explain this answer? for CA CPT 2025 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares of Rs.10 each at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration will bea)6,000 sharesb)7,500 sharesc)9,375 sharesd)5,000 sharesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA CPT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for G Ltd. acquired assets worth Rs. 75,000 from H Ltd. by issue of shares of Rs.10 each at a premium of Rs. 5. The number of shares to be issued by G Ltd. to settle the purchase consideration will bea)6,000 sharesb)7,500 sharesc)9,375 sharesd)5,000 sharesCorrect answer is option 'D'. Can you explain this answer?.
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