Accountancy, asked by nigam7972042386tiwar, 5 months ago

Under purchase method of amalgamation
the reserves of the vendor company

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Answered by Anonymous

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Under the purchase method, the transferee company accounts for the amalgamation either by incorporating the assets and liabilities at their existing carrying amounts or by allocating the consideration to individual identifiable assets and liabilities of the transferor company on the basis of their fair values at the ...

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