Question

If purchase consideration is more than the net assets taken over, in the books of the company taking over the firm, the difference is

Answer 1

Explanation:

A magnetic rod is required when constructing a compass. ... For example, a magnetised rod can be created by repeatedly rubbing an iron rod with a magnetic lodestone. This magnetised rod (or magnetic needle) is then placed on a low friction surface to allow it to freely pivot to align itself with the magnetic field.

Answer 2

Explanation:

A magnetic rod is required when constructing a compass. ... For example, a magnetised rod can be created by repeatedly rubbing an iron rod with a magnetic lodestone. This magnetised rod (or magnetic needle) is then placed on a low friction surface to allow it to freely pivot to align itself with the magnetic field.

Answer 3

Explanation:

A magnetic rod is required when constructing a compass. ... For example, a magnetised rod can be created by repeatedly rubbing an iron rod with a magnetic lodestone. This magnetised rod (or magnetic needle) is then placed on a low friction surface to allow it to freely pivot to align itself with the magnetic field.