Accountancy, asked by thakaredynamo29, 27 days ago

The Excess of Consideration paid over net value of
assets taken over is called as​

Answers

Answered by namratacopa
0

Answer:

Any excess of purchase consideration over net assets of the transferor company should be recognized as goodwill in the financial statements of Transferee Company. If the amount of consideration is lower than the value of net assets acquired, the difference should be treated as Capital Reserve.

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