Question

Difference between almagamation in the nature of merger and amalgamation in the nature of purchase table froms

Answer 1

Explanation:

pooling of interest method, assets and liabilities appear at their book values, whereas, when purchase method of accounting is used, the assets and liabilities are shown at their fair market value. Explanation: However, foramalgamation in the nature of the purchase,purchase method is applied.

Answer 2

Answer:

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• pooling of interest method, assets and liabilities appear at their book values, whereas, when purchase method of accounting is used, the assets and liabilities are shown at their fair market value. Explanation: However, foramalgamation in the nature of the purchase,purchase method is applied.