Explain the term purchase consideration as per AS-14
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Purchase Consideration:
According to AS-14, “Consideration for amalgamation means the aggregate of the shares and other securities issued and the payment made in the form of cash or other assets by Transferee Company to the shareholders of the transferor company.”
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Answered by
1
Answer:
Purchase Consideration:
According to AS-14, “Consideration for amalgamation means the aggregate of the shares and other securities issued and the payment made in the form of cash or other assets by Transferee Company to the shareholders of the transferor company.
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