Question

1. In case of amalgamation of companies the Profit on Realisation is
(a) is transferred to the credit side of Equity Shareholders account
(b) is transferred to Debentureholders account on Debit side
(c) is transferred to the Debit side of Equity Shareholders account
(d) is transferred to the Credit side of Preference Shareholders account​

Answer 1

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HERE IS UR ANSWER

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option b) is correct answer

Answer 2

Answer:

Option b. is your answer.

Explanation:

As per the rule and various accounting standards, we are supposed to transfer the profit on realisation to Debentureholders account on Debit side in case of amalgamation.