what is journal entry in the transferee company book in the
case of amalgation
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
|Is This Answer Correct ?||20 Yes||2 No|
how to get a job in stock markets for MBA-FINANCE?
what is a financial statement
When Tds is applicable to deduct and wht is rate for different work panel?
what is red ink interest
What is a bank account balance?
Do you know any other accounting application?
What is the difference between Balance Sheet and Fund Flow?
what is deffered liability
what is accounting
What is Deferred Asset..?
in what circumstances it is mandatory to calculate the goodwill.
what is trial balance? How to prepare trial balance?