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Particulars Amount ($) Millons a) Purchase consideration paid 6.3 b) Net Assets
Aquired: Land 1.2 Buildings 2.9 Inventory 1.7 Liabilities -1 4.8 (a) - (b)
Good Will 1.5
Solution
Particulars Amount ($) Millons a) Purchase consideration paid 6.3 b) Net Assets
Aquired: Land 1.2 Buildings 2.9 Inventory 1.7 Liabilities -1 4.8 (a) - (b)
Good Will 1.5

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