Question: I need the answer as soon as possible Example: Cost of acquisition Company Pacquired 80% of the shares of Company S when the fair value

I need the answer as soon as possible I need the answer as soon as possible Example: Cost of acquisition

Example: Cost of acquisition Company Pacquired 80% of the shares of Company S when the fair value of the net assets of S was Rs. 800,000. The purchase price was Rs. 300,000 in cash plus 10,000 new shares in Company P. The new shares were to be issued 1 month after the date of acquisition. The market value of P's shares at the date of acquisition was Rs.40 each. One month later the market value had increased to Rs.45. The costs of making the acquisition were Rs. 80,000. Example: Cost of acquisition Company Pacquired 80% of the shares of Company S when the fair value of the net assets of S was Rs. 800,000. The purchase price was Rs. 300,000 in cash plus 10,000 new shares in Company P. The new shares were to be issued 1 month after the date of acquisition. The market value of P's shares at the date of acquisition was Rs.40 each. One month later the market value had increased to Rs.45. The costs of making the acquisition were Rs. 80,000

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