Where we post the Amalgamation of goodwill

Where we post the Amalgamation of goodwill..

Answer / raju

While amalgamating the company if the holding company pays
more to buy(amalgamate)subsidiary company then its treated
as goodwill/profit it will shown in balance sheet at the
asset side..

If the holding company pays less to
buy(amalgamate)subsidiary company then its treated as
goodwill/loss it will shown in balance sheet at the
liabilities side.

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