Given:

N               N
Capital 200,000 total assets 210,000
Liabilities 10,000
210,000 210,000
If the business is purchased at a price including a goodwill of N20,000, what must have been the purchase price?

Similar Questions

Discount allowed is a charge made against ...

The accumulated fund for a not-for-profit making organization is ...

The major advantages of an impurest system is that it ...

\(\begin{array}{c|c} & J. Chike & B. Balla \\ & N & N \\ \hline \text{Current Accoun...

On November 1, 1998, Zaria Holdings owed N13,600 in respect of a creditor. On November 15, it purch...

Mr Bassey purchased a motor vehicle for use in his business and debited the purchases account with t...

The parties who are paid last in the event of winding-up are ...

Use the following information to answer the given question \(\begin{array}{c|c} & \text{1/1/8...

A control account is ...

The major feature of a journal is that it has ...