alleryStart learning →Buying 90% of S costs Rs 720 lakh; S's net assets are Rs 700 lakh; NCI at share. Goodwill?
ARs 20 lakh
BRs 70 lakh
CRs 160 lakh
DRs 90 lakh
Answer & Solution
Correct answer: D. Rs 90 lakh
NCI is 10% of 700, which is 70; goodwill is 720 plus 70 minus 700, which is Rs 90 lakh.
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