Question

What journal entry will be passed when purchase consideration is equal to net assets while purchasing business from vendor:

पर्याय

• Sundry Assets A/c     Dr.
  Goodwill A/c     Dr.
     To Vendor's A/c

• Sundry Assets A/c     Dr.
     To Capital Reserve A/c
     To Vendor's A/c

• Sundry Assets A/c    Dr.
      To Sundry Liabilities A/c
      To Vendor's A/c

• Capital Reserve A/c   Dr.
      To Vendor's A/c

Answer 1

Sundry Assets A/c    Dr.
    To Sundry Liabilities A/c
    To Vendor's A/c