Question

Question 40)
In amalgamation of firms, the PC under Net Assets
Method is
A)
B)
Assets Liabilities
Agreed value of
Liabilities taken over-
Agreed value of
Assets taken over
Agreed value of
Assets taken over
Agreed value of
Liabilities taken over
Liabilities Assets
D)​

Answer 1

❥Answer

Net Assets Method:

Under this Method, purchase consideration is ascertained by aggregating the agreed values of only those assets which have been taken over by the transferee company and deducting it from the agreed value of liabilities taken over.

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Answer 2

Answer:

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