Raman Limited and Naman Limited decided to amalgamate and form a new company Rana Limited as on 31st March, 2023 and provided  you the following information :Particulars As on 31st March,2023    Revalued Figures for Amalgamation   Raman Limited (₹) Naman Limited (₹) Raman Limited (₹) Naman Limited (₹)Equity shares of ₹ 10 each 6,72,000  2,52,000    10% Preference Shares of T 100 each  3,36,000 1,68,000    Reserves and Surplus  5,44,240 2,65,480    Trade Payables  84,000 1,76,000 80,640 1,68,960Property, Plant and Equipment  7,69,000 4,36,400 10,58,100 5,20,100Goodwill  1,62,000 - 1,62,000 -Inventories  1,89,000 1,17,600 2,78,620 2,06,780Trade Receivables  2,81,000 1,47,000 2,47,140 1,38,180Cash & Cash Equivalents  2,35,240 1,60,480    The purchase consideration is to be satisfied as follows : (i) By issue of 4 Preference Shares of ₹ 100 each in Rana Limited @ ₹ 85 paid up and at a premium of ₹ 30 per share for every 3 preference shares held in both the companies.(ii) By issue of 5 Equity shares of ₹ 10 each in Rana Limited @ ₹ 7 paid up and at a premium of 25 per share for every 3 equity shares held in both the companies.(iii) In addition, necessary cash should be paid to equity shareholders of both the companies as required to adjust the rights of shareholders of both the companies in accordance with the intrinsic value of the shares of both the companies.You are required to compute the purchase consideration for both the  companies .

GB Limited acquired 80% of equity shares of TB Limited on 1st April, 15  2016 at a cost of ₹ 58,00,000 when TB Limited had an Equity share  capital of ₹ 50,00,000 and Reserves and Surplus of ₹ 4,64,000.The following information is provided :Year Profit/(Loss) of TB Limited (₹) 2016-17 (14,50,000) 2017-18 (23,20,000)2018-19 (29,00,000) 2019-20 (6,96,000)2020-21 1,90,000 2021-22 6,80,000 2022-23 12,70,000  You are required to calculate the minority interests and cost of control at the end of each year for the purpose of consolidation.

Atishyokti Ltd. company was registered with an authorized capital of ₹ 20,00,000 divided into2,00,000 Equity Shares of ₹ 10 each, payable ₹ 3 on application, ₹ 6 on allotment (including ₹ 1premium) and balance on call. The company offered 80,000 shares for public subscription. All themoney has been duly called and received except allotment and call money on 5,000 shares held byManish and call money on 4,000 shares held by Alok. Manish’s shares were forfeited and out of these3,000 shares were re-issued ₹ 9 per share as fully paid up. Show share capital in the books of thecompany. Also prepare notes to accounts

Following information are available of subsidiary company. (सहायक कम्पनी की निम्नलिखित सूचनायें उपलब्ध हैं) Opening balance of P/L Account (लाभ-हानि खाते का शेष प्रारम्भिक) ₹ 5,000. Closing balance of P/L Account (लाभ-हानि खाते का शेष अन्तिम) ₹ 50,000. General Reserve Opening (सामान्य संचय-प्रारम्भिक) ₹ 20,000. General Reserve Closing (सामान्य संचय-अन्तिम) ₹ 23,000. Paid up share capital ₹ 3,50,000 purchased by holding company on 1st August. The profit for current year of subsidiary company will be (प्रदत्त अंश पूँजी ₹ 3,50,000 के अंश सूत्रधारी कम्पनी ने 01 अगस्त को खरीदे। सहायक कम्पनी के चालू वर्ष के लाभ होंगे)a.₹ 45,000b.₹ 48,000c.₹ 53,000d.₹ 47,000

26 On July 01, 2022, Panther Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 8% premium andredeemable at a premium of 15% in four equal instalments starting from the end of the third year. Thebalance in Securities Premium on the date of issue of debentures was ₹ 80,000. Interest on debentureswas to be paid on March 31 every year.Pass Journal entries for the financial year 2022-23. Also prepare Loss on Issue of Debentures account.6PART BOption - I(Analysis of Financial Statements)27 ‘Freedom to Choose of method of depreciation’ refers to which limitation of financial statementanalysis.a) Historical analysis.b) Qualitative aspect ignored.c) Not free from bias.d) Ignore Price level Changes.OR. ............ is included in current assets while preparing balance sheet as per revised Schedule III butexcluded from current assets while calculating Current Ratioa) Debtors.b) Cash and Cash Equivalent.c) Loose tools and Stores and spares.d) Prepaid Expense.128 Debt-Equity Ratio of Dhamaka Ltd is 3 : 1. Which of the following will result in decrease in this ratio?a) Issue of Debentures for Cash of ₹2,00,000.b) Issue of Debentures of ₹3,00,000 to Vendors from whom Machinery was purchased.c) Goods purchased on Credit of ₹1,00,000.d) Issue of Equity Shares of ₹2,00,000.129 Statement I:- Sale of Marketable Securities will result in no flow of Cash. 1

The following is the extract of Balance Sheet of  Yellow Limited as on  31.03.2023 :   ₹4,00,000 Equity shares of  ₹ 10 each  40,00,000 General Reserve  48,00,000 Profit & Loss Account 10,00,000  Securities Premium  18,00,000 Secured Loans  60,00,000Unsecured Loans  32,00,000 Current Liabilities  28,00,000    2,36,00,000 Property, Plant and Equipment  90,00,000  Investments  18,00,000 Current Assets  1,28,00,000   2,36,00,000The company intends to buy-back 80,000 equity shares of ₹ 10 each at  a premium of 150%.You are required to state whether the company can buy back equity  shares.