Accountancy, asked by tanveermehra22, 3 months ago

In case of amalgamation

Answers

Answered by themakerqueries

Answer:

In the case of an 'amalgamation in the nature of merger', the balance of the Profit and Loss Account appearing in the financial statements of the transferor company is aggregated with the corresponding balance appearing in the financial statements of the transferee company.

Previous Question

Next Question

Similar questions

English, 1 month ago

answer please first who will answer i will give 2❤ ...

Math, 1 month ago

Find the common difference and write the next four terms of the arithmetic progression -1,-5/6,-2/3,...

English, 1 month ago

Change the sentences from Active to Passive Voice: 1. Rama wrote a letter yesterday. 2. Sohan will help Hamid. 3. The government is introducing several new schemes.

Math, 3 months ago

10. A train covers 120 m in 5 seconds. What is the speed of the train in km/hr?

Science, 3 months ago

What would be the climate the climate of a place located close the the sea? fe place is...

Math, 8 months ago

points A(-1,y) B(5,7) lie on a circle with center (2,-3y) find values of y and radius of the circle?

Social Sciences, 8 months ago

Why houses in Assam built on stilts? Warning :- No copied Answer allowed❌❌...

Physics, 8 months ago

2. If a current of 500mA is passing through a conductor for 3 seconds, then calculate the total charge and number of electron passed through The conductor in this time.