Blue Prints Ltd. purchased a building worth ₹1,50,000, Machinery worth ₹140,000, and Furniture worth ₹10,000 from XYZ Co. and took over its liabilities of ₹20,000 for a purchase consideration of ₹3,15,000. Calculate the Goodwill/Capital Reserve to be recorded by Blue Print Ltd.

₹35,000 Goodwill

Total assets taken = 150000 +140000 + 10000
                           = 300000
Total liabilities taken = 20000
Purchase consideration = 315000
Assets = liabilities + Purchase consideration
300000 = 20000 + 315000
300000 = 335000
Not matched means assets side is less so the balancing figure will be goodwill of ₹(335000-300000) = 35000