Question

The Amalgamation Adjustment
Account appears in the books, it is
shown under the heading of
in the balance sheet.​

Answer 1

Answer:

Amalgamation Adjustment Account will be shown in the balance sheet under the heading___

Answer 2

They are shown under miscellaneous expenses.

• These are one-time expenses that do not fit into the manufacturing, selling, or administrative categories.

• Because these costs are not income, they are recorded on the asset side of the balance sheet.
• These transactions are generally of small amounts, but still it is essential to record them.
• It is also necessary to write them over a long period of time.