Question

Amalgamation Adjustment Reserve
(a) should be shown as a Fixed
Asset in the balance sheet of the
purchasing company
(b) should be shown as a Fictitious
O Asset in the balance sheet of the
vendor company
(c) should be shown under Reserves
O and Surplus in the balance sheet of
the purchasing company
(d) should be shown as a Fictitious
O Asset in the balance sheet of the
purchasing company​

Answer 1

Answer:

(c) option

Explanation: