Hello, i need help with my homework please

Answer to Question 27
    Particulars
    Amt
    Inventory
    670000
    Land
    710000
    Building and equipment
    930000
    Franchise agreement
    440000
    Goodwill
    80000
    revenues
    960000
    additional paid up capital
    265000
    expenses
    940000
    retained earnings 1/1
    390000
    retained earnings 12/31
    410000
Workings
    Goodwill
    Purchase price - fair value
    Purchase price
    760000
    fair value of assets
    680000
    Value of Goodwill
    80000
    
    
1.
2. Additional paid up capital = company paid up at the beginning + additional paid up issued
= 70000 + ((40 – 20) x 10,000) – 5000
3. Retained Earnings = Opening Retained Earning + Net Income
= 3,90,000 – (9,60,000 – 9,40,000)
= 3,90,000 + 20,000
= 4,10,000
Answer to Question 18
    Investment in Seida a/c Dr ...