$ 407,700.00 Goodwill $ 146,860.00 BCVR $1,523,340.00 To shares in Davis Limited $ 3,778,000.00 (for consideration given to Davis limited) BCVR $1,523,340.00 To General reserve $ 1,523,340.00 for transferred to general reserve BUSINESS COMBINATION VALUATION ENTRIES Date Particulars Debit Credit 1st July 2017 Accumulated depreciation Dr.