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What's the reason for variation in the 2nd journal in case of nature of merger & purchase

Soon to be CA

CA Inter

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15-Dec-24 20:10

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Answers (6)

In merger you Take all reserves also. In purchase you would take only mandatory reserves.

CA Suraj Lakhotia

Admin

16-Dec-24 14:56

CA Suraj Lakhotia Admin

In merger you Take all reserves also. In purchase you would take only mandatory reserves.

Okay Sir.... Thank you

Thread Starter

Soon to be CA

CA Inter

★ 4K+

16-Dec-24 15:11

CA Suraj Lakhotia Admin

In merger you Take all reserves also. In purchase you would take only mandatory reserves.

Sir in case of purchase method we will transfer statutory reserve to Amalgamation Adjustment Account right?

Thread Starter

Soon to be CA

CA Inter

★ 4K+

16-Dec-24 15:13

Thread Starter

Soon to be CA

Sir in case of purchase method we will transfer statutory reserve to Amalgamation Adjustment Account right?

Is my understanding correct

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Thread Starter

Soon to be CA

CA Inter

★ 4K+

16-Dec-24 19:25

Thread Starter

Soon to be CA

Sir in case of purchase method we will transfer statutory reserve to Amalgamation Adjustment Account right?

Yes.

CA Suraj Lakhotia

Admin

17-Dec-24 15:06

CA Suraj Lakhotia Admin

Yes.

Thank you Sir

Thread Starter

Soon to be CA

CA Inter

★ 4K+

17-Dec-24 15:49