Multiple Choice
Which of the following statement is correct?
A) the amount of goodwill or capital reserve is found out in the books of purchasing company only
B) the amount of goodwill or capital reserve is found out in the books of vendor company only.
C) goodwill = net assets - purchase price
D) the face value of shares of purchasing company will be taken in to account while calculating purchase consideration.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: If the two companies have different accounting
Q2: If amalgamation is in the ..............., the
Q3: The Amalgamation Adjustment Account appears in the
Q4: If the intrinsic values of shares exchanged
Q5: While calculating purchase price, the following values
Q6: When two or more companies carrying on
Q7: In case of .............., one existing company
Q8: When one of the existing companies take
Q9: Shares received from the new company are