Answer / khushbooyadav89

In the boooks of Transferee co.:-

1) Business Purchase a/c Dr.
To Liquidator of Vendor co.

2) Fixed Asset a/c Dr.
Current Asset a/c Dr.
G/W a/c(bal. fig.) Dr.
To Business Purchase a/c
To Current Liability a/c
To Long Term Liability a/c
To Capital Reserve a/c(bal. fig.)

3) Liquidator of Vendor co. Dr.
To Shares in transferee co.
To cash a/c

How to approval an invoice

1 Answers   Accenture,

---

Tell me how can you explain the basic accounting equation?

0 Answers  

---

TDS mening

4 Answers  

---

Explain some of the accrued expenses and the accounts in which you would record them?

0 Answers  

---

for an inter branch bank transfer (sbi to sbi)what entries should we pass?

3 Answers  

---

what is the definition of dual reporting in view of global market?

0 Answers  

---

Different types of Balance sheet

1 Answers   Chartered Accountant,

---

what accounts payable applications are your familiar with?

0 Answers  

---

why we have to post loss on assets side

1 Answers  

---

Explain me scrap value in accounting?

0 Answers  

---

Tell us depreciation and its types?

0 Answers  

---

what are hedge funds

1 Answers   Genpact,

---