Question

the excess of net assets acquired over purchase consideration should be debited to ?

a. capital reserve account
b. goodwill account
c. venders account
d. sundry liabilities account​

Answer 1

Explanation:

goodwill account is your 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.

Answer 2

Answer:

Goodwill Account

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.

Hope my answer helps you please mark me as brainlist