Question

B) Efemaleon
C) Amalgamation
D) None of these
38. For paying liabilities not taken over by the purchasing company, the vendor con credit
A) Realization Alc B) Liabilities A/c C) Bank Ale De
39. Purchase consideration is payable in
A) Debenture
B) Shares
C) Cash
C)
D) All of the above
)
40. X Ltd. takes over Z Ltd. and agrees to discharge debenture holders of Z Led at the prof
5%, the premium should be debited in the books of the vendor company to
A) Bank A/C
B) Shareholders Ac
C) Profit & Loss Alc
D) Realization Ale
NE
Vy--3000​

Answer 1

Answer:

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Explanation: