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Calculate the cost of control or capital reserve

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Question - On 30 June 2017, two-third of the shares of S Ltd. (with a total capital of Rs.48,00,000) was acquired by H Ltd. the balance sheet of S Ltd. showed a debit balance of Rs.24,00,000 or 1 January 2017 and a credit balance of Rs14,40,000 on 31 December 2017. The investment by H Ltd. in shares of S Ltd. is Rs.36,00,000. Calculate the cost of control or capital reserve.

Reference no: EM133002333

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