Amalgamation of companies

Accountancy

How for paying liquidation expenses of 2 companies , in the books of transferee company getting this 3rd Journal entry . Capital reserve A/c Dr to Goodwill A/c

Dhivyaa Latha

CA Inter

★ 4K+

20-Mar-23 23:15

567

Answers (3)

Best Answer

Thread Starter

Dhivyaa Latha

Can anyone reply to this ?

You should maintain anyone of Goodwill or Capital Reserve. So set off each other. I hope it clears your doubt.

Ashik Ahamed

CA Inter

★ 1K+

22-Mar-23 00:04

Can anyone reply to this ?

Thread Starter

Dhivyaa Latha

CA Inter

★ 4K+

21-Mar-23 23:22

Ashik Ahamed

You should maintain anyone of Goodwill or Capital Reserve. So set off each other. I hope it clears your doubt.

Yeah, thank you very much,

Thread Starter

Dhivyaa Latha

CA Inter

★ 4K+

22-Mar-23 00:13