Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between absorption, amalgamation and
liquidation of companies? And why realisation account is
being prepared ?
- 2 Answers
- 23693 Views
- I also Faced
- E-Mail Answers
Answer Posted / thouhid
1. Liquidation
Two or more companies are liquidated in the process of amalgamation. One or more companies are liquidated in absorption.
2. Formation
In amalgamation, a new company is formed to take over the business of vendor companies. In absorption, no new company is formed, only purchasing or absorbing company take over the business of liquidated company.
3. Size
There is no such matter of size of amalgamating companies. Generally, size of purchasing company is greater than that of vendor company in absorption.
| Is This Answer Correct ? | 28 Yes | 1 No |
Post New Answer View All Answers
what is dividend? how do the use an accountancy?
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
what is the accounting conventions
What is functional area,trading partner in sap fico
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
Define The Term Journal And Explain The Present Day Use?
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
Short Answer on ______________Import Trade
WHAT IS CORPORATE ACTION?
Expand---------PDBC
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
