state gov Kerala (കേരളം) PSC Divisional Accountant Test Series 2025 Accountancy Corporate Accounting Shares
Trendy Ltd took over business of Oxylight Ltd and paid for it by
(i) Issue of 2,000 10% Preference Shares of ₹100 each at a premium of 10%
(ii) Equity Shares of ₹1,00,000 at par and
(iii) a cheque of ₹1,00,000.
What was the total agreed purchase consideration payable to Oxylight Ltd.
1
₹3,80,000.
2
₹4,00,000.
3
₹4,20,000.
4
₹4,40,000.