the time interval between the date of acquisition of shares in subsidiary company and date of balance sheet of holding company is known as
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Issue of bonus shares out of pre acquisition profit or reserves will have no effect on the consolidated balance sheet. True.
Financial Accounting: Corporate Accounting
Management Accounting: Chapter Wise MC
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The time interval between the date of acquisition of shares in the subsidiary company and the date of the balance sheet of the holding company is known as the Post-acquisition period.
Explanation:
Post-acquisition period
- The period begins on the date such acquisition is consummated and ends on the last day of the sixth full consecutive fiscal quarter.
- The post-acquisition management stage of the acquisition process follows the completion of the transaction.
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