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Amalgamation

Sir if cash is not taken by purchasing company then can we consider it as Amalgamation in Nature of purchase.


makthala venkateswarlu

makthala venkateswarlu

CA Inter

510

30-Jan-21 10:55

27

Answers (4)

All the conditions should be satisfied to be a merger and if anyone one condition is not met it becomes amalgamation by purchase


Venkateshwara Prabhu

Venkateshwara Prabhu

CA Inter

16K+

30-Jan-21 14:15

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Attachments

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Abarna Sankar

Abarna Sankar

CA Inter

10

01-Feb-21 01:18

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Purchase consideration - Share capital of Selling company


ruchi lahoti

ruchi lahoti

Moderator

01-Feb-21 10:46

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Inorder to incorporate the Statutory reserves,viz,Export profit reserve 200 &Investment allowance reserve 100,an equal debit is given to Amalgamation adjustment account.Here you did not provide the full problem so I can't say how 670 came.please show full question.


manasa preeshma

manasa preeshma

CA Inter

825

15-Feb-21 15:50