If amalgamation is in the ..the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet. O Form of purchase O Form of Merger O Net assets method O Consideration method
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Answer:
Net Asset Method will be the appropriate answer amongst the available options.
Explanation:
In business, consolidation or consolidation is the consolidation and acquisition of many small companies into a few very large ones. In the context of accounting, consolidation refers to the consolidation of a group company financial statements as a consolidated financial statements.
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