Question
A Ltd purchase the running business of K Ltd consists of total asset of Rs. 10,00,000 liabilities of Rs. 2,00,000. A Ltd paid Rs. 2,00,000 immediately in cash and balance by issuing 7,000 shares of Rs. 100 each at a premium of Rs. 20 per share. The goodwill A/c will be debited by Rs. _______.
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