the assest, which is not taken under net asset method of calculation of purchase consideration is
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Given,
the assest, which is not taken under net asset method of calculation of purchase consideration is___________.
Solution,
Know that undernet asset method, the value of all assets are added and liabilities are subtracted from the total assets whereas the fictitious assets are ignored in order to calculation of purchase.
Hence, the blank is filled with the word fictitious assets.
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